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.