Drummond Square, Wigan, WN5

Street Guide For Drummond Square, Wigan, WN5

 

Drummond Square, Wigan, WN5 Map

Estimated Price: £63,916
Average Asking Price: £165,555
Price change in last one year: £3,974
Average Price Paid: £60,250
Average Rent Rates: £519

 

Property Prices Breakdown in Drummond Square, Wigan, WN5

Average Price for property in Drummond Square, Wigan, WN5 is around £63,916 e.g. average price for terraced house is around 63,916. Values have been changing and have risen £514 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,812 in last 6 months, £3,974 in last 1 year, £5,197 in last 2 years, £6,524 in last 3 years, £5,158 in last 4 years and £4,832 in last 5 years.

Currently average asking price of a property in Drummond Square, Wigan, WN5 is around £165,555 based on approximately 1 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £519 per month.

Estimated property value in Drummond Square, Wigan, WN5 is £63,916. Average asking price is £165,555 while average price paid is £62,500 which is up by £3,974 and Avg. asking rent £519.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 Drummond Square, Wigan, WN5 area. In last 1 year alone average price buyer paid is around £62,500 based on approximately 1 sales in Drummond Square, Wigan, WN5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £60,250. 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 £60,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £59,166 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 2 bedroom is around £97,592, £130,077 for a 3 bedroom house, £264,222 for a 4 bedroom house and £400,324 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £95,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £75,000. To sum up the asking prices for properties in Drummond Square, Wigan, WN5 it comes to around average £55,000 for 1 bedroom property, £97,520 for 2 bedroom, £129,771 for 3 bedroom, £264,222 for 4 bedroom and £400,324 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 £457 for 2 bedroom to £532 for 3 bedroom, £778 for 4 bedroom and £875 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £398. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £444. You should be generally be expecting around average £398 rent per month for single bedroom property, £453 for 2 bedroom, £532 for 3 bedroom, £778 for 4 bedroom and approximately £875 for a 5 bedroom property in Drummond Square, Wigan, WN5 area.

Popular Houses in Drummond Square, Wigan, WN5

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 Drummond Square, Wigan, WN5