Melling Way, Winstanley, Wigan, WN3

Street Guide For Melling Way, Winstanley, Wigan, WN3

 

Melling Way, Winstanley, Wigan, WN3 Map

Estimated Price: £183,118
Average Asking Price: £140,963
Price change in last one year: £8,461
Average Price Paid: £130,135
Average Rent Rates: £555

 

Property Prices Breakdown in Melling Way, Winstanley, Wigan, WN3

Average Price for property in Melling Way, Winstanley, Wigan, WN3 is around £183,118 which varies based on type of property you are interested in and ranges from £228,764 for detached house to around £159,450 for semi-detached. Values have been changing and have risen £1,668 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,918 in last 6 months, £8,461 in last 1 year, £15,559 in last 2 years, £20,248 in last 3 years, £16,048 in last 4 years and £14,250 in last 5 years.

Currently average asking price of a property in Melling Way, Winstanley, Wigan, WN3 is around £140,963 based on approximately 2 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £555 per month.

Estimated property value in Melling Way, Winstanley, Wigan, WN3 is £183,118. Average asking price is £140,963 while average price paid is £115,500 which is up by £8,461 and Avg. asking rent £555.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 Melling Way, Winstanley, Wigan, WN3 area. In last 1 year alone average price buyer paid is around £115,500 based on approximately 2 sales in Melling Way, Winstanley, Wigan, WN3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £115,500. 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 £130,135 for 7 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £142,063 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 £93,766, £130,461 for a 3 bedroom house and £216,230 for a 4 bedroom house. For a flat similarly the prices varies from £56,238 for a single bedroom to £90,808 for a 2 bedroom Flat. To sum up the asking prices for properties in Melling Way, Winstanley, Wigan, WN3 it comes to around average £56,238 for 1 bedroom property, £93,493 for 2 bedroom, £130,461 for 3 bedroom and £216,230 for 4 bedroom.

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 £449 for 1 bedroom to £439 for 2 bedroom, £503 for 3 bedroom and £648 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £530. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £451. You should be generally be expecting around average £449 rent per month for single bedroom property, £482 for 2 bedroom, £500 for 3 bedroom and approximately £648 for 4 bedroom property in Melling Way, Winstanley, Wigan, WN3 area.

Popular Houses in Melling Way, Winstanley, Wigan, WN3

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 Melling Way, Winstanley, Wigan, WN3