Lychgate, Wigan, WN5

Street Guide For Lychgate, Wigan, WN5

 

Lychgate, Wigan, WN5 Map

Estimated Price: £115,909
Average Asking Price: £165,555
Price change in last one year: £6,770
Average Price Paid: £96,000
Average Rent Rates: £519

 

Property Prices Breakdown in Lychgate, Wigan, WN5

Average Price for property in Lychgate, Wigan, WN5 is around £115,909 e.g. average price for semi-detached is around 115,909. Values have been changing and have risen £876 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,086 in last 6 months, £6,770 in last 1 year, £8,852 in last 2 years, £11,111 in last 3 years, £8,777 in last 4 years and £8,218 in last 5 years.

Currently average asking price of a property in Lychgate, Wigan, WN5 is around £165,555 based on approximately 0 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 Lychgate, Wigan, WN5 is £115,909. Average asking price is £165,555 while average price paid is £99,000 which is up by £11,111 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 Lychgate, Wigan, WN5 area. In last 3 years alone average price buyer paid is around £99,000 based on approximately 1 sales in Lychgate, Wigan, WN5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £96,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £96,000 for 2 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 Lychgate, 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 Lychgate, Wigan, WN5 area.

Popular Houses in Lychgate, 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 Lychgate, Wigan, WN5