London Fields, Billinge, Wigan, WN5

Street Guide For London Fields, Billinge, Wigan, WN5

 

London Fields, Billinge, Wigan, WN5 Map

Estimated Price: £111,731
Average Asking Price: £165,504
Price change in last one year: £6,524
Average Price Paid: £94,300
Average Rent Rates: £517

 

Property Prices Breakdown in London Fields, Billinge, Wigan, WN5

Average Price for property in London Fields, Billinge, Wigan, WN5 is around £111,731 which varies based on type of property you are interested in and ranges from £112,516 for semi-detached to around £107,023 for terraced house. Values have been changing and have risen £844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,974 in last 6 months, £6,524 in last 1 year, £8,529 in last 2 years, £10,705 in last 3 years, £8,456 in last 4 years and £7,917 in last 5 years.

Currently average asking price of a property in London Fields, Billinge, Wigan, WN5 is around £165,504 based on approximately 1 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £517 per month.

Estimated property value in London Fields, Billinge, Wigan, WN5 is £111,731. Average asking price is £165,504 while average price paid is £65,000 which is up by £6,524 and Avg. asking rent £517.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 London Fields, Billinge, Wigan, WN5 area. In last 1 year alone average price buyer paid is around £65,000 based on approximately 1 sales in London Fields, Billinge, Wigan, WN5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £92,375. 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 £94,300 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £105,000 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 £97,667, £130,347 for a 3 bedroom house, £265,369 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 London Fields, Billinge, Wigan, WN5 it comes to around average £55,000 for 1 bedroom property, £97,592 for 2 bedroom, £130,043 for 3 bedroom, £265,369 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 £530 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 £439. You should be generally be expecting around average £398 rent per month for single bedroom property, £452 for 2 bedroom, £530 for 3 bedroom, £778 for 4 bedroom and approximately £875 for a 5 bedroom property in London Fields, Billinge, Wigan, WN5 area.

Popular Houses in London Fields, Billinge, 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 London Fields, Billinge, Wigan, WN5