Milford Road, Wigan, WN2

Street Guide For Milford Road, Wigan, WN2

 

Milford Road, Wigan, WN2 Map

Estimated Price: £120,657
Average Asking Price: £131,392
Price change in last one year: £4,316
Average Price Paid: £98,500
Average Rent Rates: £472

 

Property Prices Breakdown in Milford Road, Wigan, WN2

Average Price for property in Milford Road, Wigan, WN2 is around £120,657 which varies based on type of property you are interested in and ranges from £118,507 for detached house to around £121,517 for semi-detached. Values have been changing and have risen £1,103 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,475 in last 6 months, £4,316 in last 1 year, £7,421 in last 2 years, £11,722 in last 3 years, £8,811 in last 4 years and £6,995 in last 5 years.

Currently average asking price of a property in Milford Road, Wigan, WN2 is around £131,392 based on approximately 0 properties for sale. Same is the case with rental options based on 138 properties up for rent, average asking rent is around £472 per month.

Estimated property value in Milford Road, Wigan, WN2 is £120,657. Average asking price is £131,392 while average price paid is £95,000 which is up by £11,722 and Avg. asking rent £472.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 Milford Road, Wigan, WN2 area. In last 3 years alone average price buyer paid is around £95,000 based on approximately 1 sales in Milford Road, Wigan, WN2 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £98,500. 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 £107,333 for 3 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 £97,475, £84,983 for a 2 bedroom house, £118,185 for a 3 bedroom house, £208,979 for a 4 bedroom house and £323,350 for a 5 bedroom house. For a flat similarly the prices varies from £127,475 for a single bedroom to £117,369 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £160,000. To sum up the asking prices for properties in Milford Road, Wigan, WN2 it comes to around average £112,475 for 1 bedroom property, £88,453 for 2 bedroom, £118,377 for 3 bedroom, £208,979 for 4 bedroom and £323,350 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 £295 for 1 bedroom to £431 for 2 bedroom, £514 for 3 bedroom and £731 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £440 and £724 for 3 bedroom. You should be generally be expecting around average £392 rent per month for single bedroom property, £434 for 2 bedroom, £525 for 3 bedroom and approximately £731 for 4 bedroom property in Milford Road, Wigan, WN2 area.

Popular Houses in Milford Road, Wigan, WN2

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 Milford Road, Wigan, WN2