Cobbs Brow Lane, Newburgh, Wigan, WN8

Street Guide For Cobbs Brow Lane, Newburgh, Wigan, WN8

 

Cobbs Brow Lane, Newburgh, Wigan, WN8 Map

Estimated Price: £276,841
Average Asking Price: £195,850
Price change in last one year: £13,930
Average Price Paid: £180,083
Average Rent Rates: £628

 

Property Prices Breakdown in Cobbs Brow Lane, Newburgh, Wigan, WN8

Average Price for property in Cobbs Brow Lane, Newburgh, Wigan, WN8 is around £276,841 which varies based on type of property you are interested in and ranges from £403,638 for detached house to around £226,761 for semi-detached. Similarly terraced house is around £165,098. Values have been changing and have risen £3,253 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,455 in last 6 months, £13,930 in last 1 year, £20,702 in last 2 years, £28,862 in last 3 years, £24,636 in last 4 years and £21,339 in last 5 years.

Currently average asking price of a property in Cobbs Brow Lane, Newburgh, Wigan, WN8 is around £195,850 based on approximately 1 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £628 per month.

Estimated property value in Cobbs Brow Lane, Newburgh, Wigan, WN8 is £276,841. Average asking price is £195,850 while average price paid is £131,000 which is up by £13,930 and Avg. asking rent £628.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cobbs Brow Lane, Newburgh, Wigan, WN8 area. In last 1 year alone average price buyer paid is around £131,000 based on approximately 1 sales in Cobbs Brow Lane, Newburgh, Wigan, WN8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £196,250. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £180,083 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £188,431 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £110,000, £136,311 for a 2 bedroom house, £159,481 for a 3 bedroom house, £232,410 for a 4 bedroom house and £389,489 for a 5 bedroom house. For a flat similarly the prices varies from £67,500 for a single bedroom to £128,428 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £55,000. To sum up the asking prices for properties in Cobbs Brow Lane, Newburgh, Wigan, WN8 it comes to around average £88,750 for 1 bedroom property, £135,148 for 2 bedroom, £158,320 for 3 bedroom, £232,410 for 4 bedroom and £389,489 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £182 for 1 bedroom to £548 for 2 bedrooms, £511 for 3 bedrooms, £667 for 4 bedrooms and £964 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £386. You should be generally be expecting around average £182 rent per month for single bedroom property, £521 for 2 bedroom, £504 for 3 bedroom, £667 for 4 bedroom and approximately £964 for a 5 bedroom property in Cobbs Brow Lane, Newburgh, Wigan, WN8 area.

Popular Houses in Cobbs Brow Lane, Newburgh, Wigan, WN8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cobbs Brow Lane, Newburgh, Wigan, WN8