Wigan

Area Guide For Wigan

Wigan is a town in Greater Manchester, England. It stands on the River Douglas, 7.9 miles (13 km) south-west of Bolton, 10 miles (16 km) north of Warrington and 16 miles (25.7 km) west-northwest of Manchester. Wigan is the largest settlement in the Metropolitan Borough of Wigan and is its administrative centre. The town of Wigan had a total population of 81,203 in 2001, whilst the wider borough has a population of 305,600. The town is the headquarters of the Greater Manchester Combined Authority, the top tier administrative body for Greater Manchester. Historically in the county of Lancashire, Wigan during classical antiquity was in the territory of the Brigantes, an ancient Celtic tribe that ruled much of northern England. The Brigantes were subjugated in the Roman conquest of Britain during the 1st century, and it is asserted that the Roman settlement of Coccium was established where Wigan lies. Wigan is believed to have been incorporated as a borough in 1246 following the issue of a charter by King Henry III of England. At the end of the Middle Ages it was one of four boroughs in Lancashire possessing Royal charters; the others were Lancaster, Liverpool, and

 
 

Wigan Map

Estimated Price: £156,549
Average Asking Price: £167,239
Price change in last one year: £10,671
Average Price Paid: £133,926
Average Rent Rates: £561

 
 

Property Prices Breakdown in Wigan

Average Price for property in Wigan is around £156,549 which varies based on type of property you are interested in and ranges from £261,912 for detached house to around £133,203 for semi-detached. Similarly terraced house is around £97,061 and a flat is worth £104,674. Values have been changing and have risen £2,286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,148 in last 6 months, £10,671 in last 1 year, £14,167 in last 2 years, £21,401 in last 3 years, £16,000 in last 4 years and £15,096 in last 5 years.

Currently average asking price of a property in Wigan is around £167,239 based on approximately 2,274 properties for sale. Same is the case with rental options based on 536 properties up for rent, average asking rent is around £561 per month.

Estimated property value in Wigan is £156,549. Average asking price is £167,239 while average price paid is £136,421 which is up by £10,671 and Avg. asking rent £561.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 Wigan area. In last 1 year alone average price buyer paid is around £136,421 based on approximately 2,274 sales in Wigan area alone. If you compare it to last 3 years sales of 6,525 properties where buyers paid around £134,489. 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 £133,926 for 10,226 and average amount paid for purchase of approx. 14,324 properties sold in last 7 years comes to about £134,612 per sale.

 
 

Properties For Sale in Wigan

 
 

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 £89,988, £97,237 for a 2 bedroom house, £138,674 for a 3 bedroom house, £255,139 for a 4 bedroom house and £407,259 for a 5 bedroom house. For a flat similarly the prices varies from £74,581 for a single bedroom to £114,460 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £115,989 and £225,000 for a 5 bedroom flat. To sum up the asking prices for properties in Wigan it comes to around average £76,394 for 1 bedroom property, £99,034 for 2 bedroom, £138,543 for 3 bedroom, £255,139 for 4 bedroom and £404,618 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 £352 for 1 bedroom to £458 for 2 bedrooms, £533 for 3 bedrooms, £794 for 4 bedrooms and £1,193 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £395. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £469 and £633 for 3 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £462 for 2 bedroom, £535 for 3 bedroom, £794 for 4 bedroom and approximately £1,193 for a 5 bedroom property in Wigan area.

Popular Houses in Wigan

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.

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