Severn Drive, Wigan, WN5

Street Guide For Severn Drive, Wigan, WN5

 

Severn Drive, Wigan, WN5 Map

Estimated Price: £72,222
Average Asking Price: £165,555
Price change in last one year: £4,150
Average Price Paid: £66,500
Average Rent Rates: £519

 

Property Prices Breakdown in Severn Drive, Wigan, WN5

Average Price for property in Severn Drive, Wigan, WN5 is around £72,222 which varies based on type of property you are interested in and ranges from £70,500 for semi-detached to around £80,834 for terraced house. Values have been changing and have risen £537 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,892 in last 6 months, £4,150 in last 1 year, £5,428 in last 2 years, £6,813 in last 3 years, £5,387 in last 4 years and £5,046 in last 5 years.

Currently average asking price of a property in Severn Drive, 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 Severn Drive, Wigan, WN5 is £72,222. Average asking price is £165,555 while average price paid is £66,500 which is up by £6,813 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 Severn Drive, Wigan, WN5 area. In last 3 years alone average price buyer paid is around £66,500 based on approximately 2 sales in Severn Drive, Wigan, WN5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £66,500. 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 £66,500 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 Severn Drive, 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 Severn Drive, Wigan, WN5 area.

Popular Houses in Severn Drive, 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 Severn Drive, Wigan, WN5