Silverdale Road, Orrell, Wigan, WN5

Street Guide For Silverdale Road, Orrell, Wigan, WN5

 

Silverdale Road, Orrell, Wigan, WN5 Map

Estimated Price: £105,102
Average Asking Price: £165,504
Price change in last one year: £6,564
Average Price Paid: £101,085
Average Rent Rates: £517

 

Property Prices Breakdown in Silverdale Road, Orrell, Wigan, WN5

Values have been changing and have risen £849 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,992 in last 6 months, £6,564 in last 1 year, £8,582 in last 2 years, £10,770 in last 3 years, £8,509 in last 4 years and £7,968 in last 5 years.

Currently average asking price of a property in Silverdale Road, Orrell, Wigan, WN5 is around £165,504 based on approximately 2 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 Silverdale Road, Orrell, Wigan, WN5 is £105,102. Average asking price is £165,504 while average price paid is £99,000 which is up by £6,564 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 Silverdale Road, Orrell, Wigan, WN5 area. In last 1 year alone average price buyer paid is around £99,000 based on approximately 2 sales in Silverdale Road, Orrell, Wigan, WN5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £104,090. 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 £101,085 for 14 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £102,536 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 Silverdale Road, Orrell, 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 Silverdale Road, Orrell, Wigan, WN5 area.

Popular Houses in Silverdale Road, Orrell, 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 Silverdale Road, Orrell, Wigan, WN5