Property Market Report Flat 4 5 Springfield Street WN1 2NA
15 Oct 2009
Statistical computations by Calnea Analytics
Valuation estimates
Reference:
359042
Sub-building name:
Flat 4
Valuation Date:
15 Oct 2009
Building name:
Estimated current value:
£113,113
Building number:
5
Forecast std. deviation:
44.00%
Street:
Springfield Street
Valuation range:
£63,330 to £162,897
Postcode:
WN1 2NA
Valuation estimate: The Calnea Analytics automated valuation model predicts that the most probable current open market value for the property in question is £113,113. This valuation estimate is based upon the information submitted.
Forecast Standard Deviation: Our estimate of the accuracy of this valuation is expressed in terms of forecast standard deviation. This is calculated from the strength of the available supporting data and is used to determine the valuation range. The sale price the property will achieve in an open market will most probably lie within the valuation range. The width of the valuation range depends upon our confidence in our prediction. A higher degree of confidence will lead to a narrower valuation range. In statistical terms the valuation range represents a movement of one standard deviation either side of the mean. The graph to the right illustrates the distribution curve of probable values. Persons seeking to place reliance on these estimates for their own or third party purposes do so at their own risk. No representation is made as to the accuracy, completeness or reliability of these forecasts. £63,330
Page 1 of 20
£162,897
Five year forecast
Estimate of Current Value: £113,113
Price Forecast Range - (68% confidence) Forecast
CAGR (%)
Total Growth (%)
High
£190k
10.9%
68%
Medium
£156k
6.7%
38%
Low
£123k
1.7%
9%
Price Forecast Range - (95% confidence) Forecast
CAGR (%)
Total Growth (%)
High
£224k
14.6%
98%
Medium
£156k
6.7%
38%
Low
£89k
-4.6%
-21%
Valuation Forecasts: The house price forecast model predicts that £156k is the most probable value of the property in five years time. There are two sets of price forecast ranges shown above. The first forecast range (£123k - £190k) has a statistical confidence measure of one standard deviation from the mean, while the second range (£89k - £224k) has a 95% confidence measure (1.96 standard deviations). The confidence measure represents our degree of certainty that the property’s value in five years time will be within the given range. The Price Forecast Fan Chart is a graphical illustration of how these two ranges project over time. CAGR stands for Compounded Annual Growth Rate. This is the annual equivalent percentage growth required to meet the forecast valuation. Important Notes The forecast model assumes that the property undergoes no material home improvement or deterioration going forward. All changes are nominal and do not allow for inflation. For Leasehold properties, these forecasts assume that the length of lease is sufficient for the property price to not be materially affected by a five year decrease in lease length. Persons seeking to place reliance on these estimates for their own or third party purposes do so at their own risk. No representation is made as to the accuracy, completeness or reliability of these forecasts.
Page 2 of 20
General street information
Springfield Street in Wigan WN1 comprises 57 properties. Out of these properties, the vast majority are residential (i.e. there are a total of 55 homes in Springfield Street). The information provided below comes from Mouseprice.com, third parties and comments submitted by the general public. Please take some time to explore the wealth of information that can be found throughout the Mouseprice.com website, including the free valuations on every property. The property sale that has been recorded in Springfield Street most recently was 1, which sold for £85,000 on 30/09/2005. The most expensive recorded transaction in Springfield Street to date is 5, which sold for £335,000 on 29/06/2005. The least expensive transaction that has been recorded in Springfield Street is 21. It sold for £25,500 on 03/11/2000. There is an area guide for Wigan available on the Mouseprice.com website, where you can access more information on house price related trends, graphs and stats. Of the 55 homes on Springfield Street, 42 are flats (including apartments and maisonettes). Some of these properties are relatively old, as at least 1 of them was built more than 100 years ago. Springfield Street has an average current value of £162,953, which makes it one of the more expensive parts of WN1 Wigan, where the average house price is £122,436. This value is derived from the free automated valuation estimates provided on the Mouseprice website. These are known as AVMs. There are 15 transactions recorded in Springfield Street by HM Land Registry since 1/04/2000. This gives us reasonable AVM coverage for Wigan WN1. At the moment, there are two properties for sale in Springfield Street that are listed on Mouseprice.com. If you want to look further afield, there are many more properties for sale in Wigan WN1 that can be viewed on the website. The asking prices of these properties range from £5,500 to £625,000 and their average asking price is £160,581. One of the most recent properties to be listed as for sale in Wigan WN1 was on Roundhouse Avenue, WN1, and was put on the market for £109,950 on 07/10/2009. Mouseprice.com enables people to share with others a price that might tempt them to sell their property. These are known as property flirts. There are no property flirts in Springfield Street, but there are 5 property flirts in Wigan WN1. The flirt prices of these properties range from £90,000 to £269,950 and their average flirt price is £159,990. Mouseprice.com does not list any properties for rent in Wigan WN1 at the moment. You can, however, find many properties for rent just outside of the Wigan WN1 area. All these properties, as well as many other properties in the rest of the country, can be viewed on the Mouseprice.com website. If you live on Springfield Street, your nearest primary school is Mab's Cross Primary School on Standishgate and your nearest secondary school is The Deanery CofE High School on Frog Lane. If you are a regular user of the Post Office, Springfield Street would be a great place to live, as a branch is located nearby on Wigan Lane. For people who need to visit a bank fairly often, living on Springfield Street is also very convenient, as HSBC bank is located a short walk away on Mesnes Road. As well as this, Springfield Street is handy for people who use petrol stations - there is one located just around the corner. However, the biggest advantage is that residents can quickly nip out to do their food shopping, as there is a Tesco supermarket just minutes away on Central Park.
Page 3 of 20
Comparable Properties
The list below shows similarly valued homes in the vicinity of the property in question. “Last sale” refers to the price and date of the last time the property was sold. Transaction details are obtained from HM Land Registry - all © Crown copyright material is reproduced with the permission of Land Registry. The prices in the “Current value” column are an approximation of the current value of each home. Where available, the table includes the year the properties were built and the number of bedrooms in each property. The “Footprint” column refers to the footprint size of the building (expressed in square meters), where this information is available. Where a property forms part of a block of flats or a larger structure, this number will usually indicate the footprint of the building to which the flat belongs, rather than the flat itself.
Postcode
Address
Last sale
Current value
Year built
Footprint
Beds
WN1 2EP
17 Green Hayes Avenue Property Type: Semi-D
£162,000 01-Jul-2009
£162,000
na
51
3
WN1 2BN
4 Lord Street Property Type: Terrace
£60,000 30-Apr-2008
£54,000
1890
52
2
WN1 2EH
10 Holme Avenue Property Type: Semi-D
£165,000 14-Dec-2007
£142,800
na
44
3
WN1 2EB
64 Swinley Lane Property Type: Terrace
£134,000 23-Nov-2007
£116,500
na
49
3
WN1 2DX
32 Walkden Avenue East Property Type: Detached
£139,950 16-Nov-2007
£115,700
na
47
na
WN1 2EB
60 Swinley Lane Property Type: Terrace
£187,000 02-Nov-2007
£161,300
na
53
3
WN1 2BQ
9 Shaw Street Property Type: Terrace
£110,000 02-Nov-2007
£95,900
na
50
2
WN1 2EW
24 Holme Avenue Property Type: Terrace
£155,000 22-Aug-2007
£133,800
na
49
na
WN1 2EH
4 Holme Avenue Property Type: Semi-D
£180,000 25-May-2007
£151,900
na
44
3
WN1 2EH
6 Holme Avenue Property Type: Semi-D
£168,000 30-Mar-2007
£143,100
na
39
3
WN1 2ED
12 Swinley Street Property Type: Terrace
£125,000 09-Mar-2007
£113,000
1900
50
2
WN1 2PH
11 Wordsworth Avenue Property Type: Semi-D
£185,000 18-Aug-2006
£161,700
na
51
3
WN1 2EB
31 Swinley Lane Property Type: Semi-D
£169,950 31-Jul-2006
£149,200
na
46
3
WN1 2LW
17 High Street Property Type: Terrace
£119,950 03-Jul-2006
£114,200
1900
37
2
WN1 2EB
60 Swinley Lane Property Type: Terrace
£177,000 30-Jan-2006
£161,300
na
53
3
WN1 2PH
29 Wordsworth Avenue Property Type: Semi-D
£175,000 25-Oct-2005
£159,900
na
83
2
Page 4 of 20
Ordnance Survey detailed mapping
The Ordnance Survey map above shows the area around your property. Ordnance Survey and the OS symbol are registered trademarks of Ordnance Survey, the national mapping agency of Great Britain. The representation of features as lines is no evidence of a property boundary.
Page 5 of 20
Property currently on the market in this area
The Avenue, WN1 £119,950
3 bed Terrace
Holme Terrace, WN1 90+ days
Swinley Street, WN1 £124,950
2 bed Terrace
3 bed Terrace
90+ days
3 bed Terrace
90+ days
2 bed Terrace
90+ days
2 bed Semi-D
90+ days
3 bed Terrace
90+ days
3 bed Terrace
£125,000
2 bed Flat
90+ days
£97,950
3 bed Terrace
90+ days
£120,000
2 bed Flat
90+ days
£99,950
2 bed Semi-D
48 Days
Roundhouse Avenue, WN1 90+ days
Alfred Street, WN1 £95,000
90+ days
Roundhouse Avenue, WN1
Lansdowne Terrace, WN1 £129,950
1 bed Flat
Whelley, WN1
Copperfield, WN1 £130,000
£94,950
Vine Street, WN1
Scarisbrick Street, WN1 £129,950
90+ days
Walkden Avenue, WN1
Heaton Street, WN1 £129,950
2 bed Terrace
Standishgate, WN1
Coppull Lane, WN1 £129,950
£109,950
£109,950
3 bed Detached
8 Days
Durham Street, WN1 90+ days
£104,950
3 bed Semi-D
90+ days
The information above shows a selection of nearby properties currently on the market. Street name, postcode district, asking price, bedroom numbers, property type and number of days on market are shown for each property where available.
Page 6 of 20
Recent sales
The list of property transactions below represents the most recent sales of properties in the same postcode district. The sales are ordered by date, starting with the most recently available information. Transaction details are obtained from HM Land Registry -all © Crown copyright material is reproduced with the permission of Land Registry. Postcode
Address
WN1 2LE
C8, Monument Mansions
WN1 3XF
17, Rosemary Crescent
WN1 3UX
Beds
Tenure
Type
Date
Sale Price
Leasehold
Flat
10/08/09
£45,000
3
Freehold
Semi-D
07/08/09
£59,500
44, Balcarres Avenue
3
Freehold
Semi-D
07/08/09
£110,000
WN1 3NW
4, Windermere Street
2
Leasehold
Terrace
05/08/09
£650,000
WN1 3UU
5, Balniel Walk
2
Freehold
Semi-D
03/08/09
£105,000
WN1 3UL
5, Lyefield Avenue
3
Freehold
Detached
31/07/09
£135,000
WN1 2DP
10, Ashland Avenue
Leasehold
Semi-D
31/07/09
£149,500
WN1 2SX
98, Chorley Road
Leasehold
Semi-D
31/07/09
£162,500
WN1 3XL
5, Palewood Close
Freehold
Semi-D
31/07/09
£90,000
WN1 2LW
8a, High Street
Leasehold
Flat
31/07/09
£89,950
WN1 3HB
26, Moorings Close
Freehold
Semi-D
24/07/09
£109,950
WN1 3EY
51, Brookhouse Street
Freehold
Terrace
24/07/09
£68,000
WN1 3XX
40, Moore Street
Freehold
Semi-D
24/07/09
£97,500
WN1 3PX
107, Whelley
Leasehold
Terrace
24/07/09
£100,000
WN1 2QS
14, Whitley Crescent
Freehold
Detached
24/07/09
£222,500
WN1 3PS
16, Westmorland Street
3
Leasehold
Terrace
10/07/09
£67,000
WN1 2QR
65, Spencer Road
2
Leasehold
Flat
06/07/09
£75,000
WN1 3PA
10, West Mount
Freehold
Terrace
03/07/09
£95,000
WN1 3YT
21, Trecastell Close
2
Freehold
Semi-D
03/07/09
£95,000
WN1 2RF
6 Apartment, 247, Wigan Road
2
Leasehold
Flat
03/07/09
£140,000
3
2
Page 7 of 20
Average house prices
The table below shows the current average prices at which properties are selling, broken down according to Postcode District, Postcode Area and Nationally. It explains how different numbers of bedrooms produce different average prices. Average Current Values
District -WN1
Area -WN
National
1 Bedroom properties
£70,700
£73,300
£135,600
2 Bedroom properties
£91,400
£83,400
£149,000
3 Bedroom properties
£126,300
£106,800
£168,200
4 Bedroom properties
£211,200
£173,400
£277,500
5+ Bedroom properties
£248,600
£178,000
£449,000
Price: Earning ratios
The price to earnings ratio is a basic affordability measure for housing in a given area. It is the ratio of current average property values to average disposable income, expressed as years of earnings (i.e. a multiple of annual earnings). The lower the multiple the more affordable properties are within a particular area in relation to the average earnings of inhabitants of that area. Ratios which are different from the national average do not necessarily imply that properties within an area are under or over valued. Factors unique to the specific location can cause such differences. Nevertheless, over the long run property prices tend to increase with earnings. WN1
WN
National
Average Current Value
£127,900
£119,800
£195,600
Average Earnings
£21,680
£19,438
£24,478
Price / Earnings
5.90x
6.16x
7.99x
Page 8 of 20
Housing stock & ownership
Housing stock
Home ownership WN1
WN
National
Total Detached
1,410
29,011
6,172,275
% Detached
14.0%
20.9%
22.9%
Semi-Detached
3,880
51,234
7,708,126
% Semi-Detached
38.5%
36.8%
28.6%
Terrace
3,959
53,419
8,585,061
% Terrace
39.3%
38.4%
31.8%
Flat
837
5,376
4,517,161
% Flat
8.3%
3.9%
16.7%
Temporary
6
73
93,795
% Temporary
0.1%
0.1%
0.4%
WN1
WN
National
5,427
86,710
14,911,858
% Owner Occupied
64.4%
62.4%
66.2%
Socially Rented
1,824
26,029
4,155,391
% Socially Rented
21.6%
18.7%
18.4%
Owner Occupied
Postcode District (WN1)
The pie charts above illustrate the relative proportions of the differing types of property found within the respective area. Based on information collected in the 2001 census, the pie charts also provide an indication of how common particular types of housing are within the various areas. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. The pie charts are intended to help the reader understand tenure patterns at postcode district level. Across the country the dominant tenure is owner occupation, with the second largest tenure being the socially rented sector. Social housing is more prevalent in metropolitan areas than non-metropolitan areas. The exact proportions vary between locations.
Page 9 of 20
Demographics
The demographic data below allows you to gain an overall impression of the type of inhabitants and social makeup of the postcode district and postcode area as against the national average. The data below is obtained from the 2001 census. WN1
WN
National
Population
18,201
297,178
52,024,138
Median Age
40
37.50
39.05
% Retirees
24.96%
19.82%
21.96%
% Unemployed
3.66%
3.40%
3.22%
% Educated to Degree level
18.08%
13.62%
19.77%
Full Time Students
384
6,966
1,766,469
%Full Time Students
2.11%
2.34%
3.40%
Total Migrants
1,891
27,800
6,336,121
% Total Migrants
10.39%
9.35%
12.18%
Average distance travelled to fixed place of work (km)
11.27
12.45
14.63
Page 10 of 20
House price trends
Growth rates
WN1
WN
National
5yr house price growth
9.87%
9.87%
4.85%
5yr house price CAGR
1.58%
1.58%
0.79%
Last 12 months house price growth
-14.72%
-14.72%
-13.86%
Market size Indicator: no. of transactions
4,989
75,309
15,421,702
Market size Indicator: total no. of properties
10,087
139,039
26,982,623
Market liquidity Indicator: transactions / properties
49.46%
54.16%
57.15%
Market growth indicator: new homes built
576
10,568
1,603,344
Market growth indicator: new builds / transactions
11.55%
14.03%
10.40%
Market characteristics
5 year house price growth is a compounded measure of change in house prices over 5 years across the postcode district, postcode area and nationally. 5 year CAGR is the rate that property values would have changed on an annual basis over the 5 year period. Market Characteristics represent all the transaction notified to Land Registry since April 2000.
Page 11 of 20
House price indices
The house price indices below show historic movements in residential property prices at a postcode area and national level. Both indices are rebased to 100 at April 2000. For example, the date at which the line crosses 140 is when house prices have increased by 40% from April 2000. Price indices are produced by Calnea Analytics -the official supplier of House Price Indices, and economic and statistical consultancy to HM Land Registry. The price indices are created using the repeat-sales regression model. Full details on the methodology are available at www.calnea.com.
Page 12 of 20
Street rankings – most expensive
Where available, the rankings below show the most expensive streets within the postcode district. Average value is calculated by producing values for every property on each street as at today's date and averaging them out. Transaction volume is the number of properties which have changed hands in the street since April 2000. Residential Properties is the number of properties in the street which are in residential use, and % of residential is the proportion of properties in the area which are solely for residential use. Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Street Wallgate Deerwood Gardens Woodlands Park Close Kingsmede Arley Lane Bellingham Mount Penbury Road Thorn Hill Gardens Rowton Rise Kingsdown Crescent Broomhey Avenue Romney Way Market Street King Street Tennyson Drive Ashford Rise St Clements Road Oak Hill Close Sittingbourne Road Gardinar Close Newenden Road Brock Mill Lane Elkwood Close Elmfield Road Havenwood Road Chaucer Place Hazelwood Road Willow Tree Close Milton Grove Hall Lane
Average Value £609,650 £501,850 £473,511 £405,733 £343,017 £313,960 £305,200 £295,400 £291,367 £287,600 £279,267 £262,200 £261,867 £256,640 £256,340 £254,900 £250,367 £249,333 £248,900 £248,456 £247,900 £241,930 £233,688 £231,671 £219,250 £215,775 £212,180 £209,800 £209,770 £209,500
Transaction volume 4 4 19 3 6 5 5 5 3 3 3 5 3 5 5 4 3 6 5 8 6 10 8 7 10 4 5 3 10 3
Page 13 of 20
Residential properties 17 4 15 7 19 6 16 8 9 16 13 17 12 6 9 14 26 7 23 11 16 25 20 19 46 12 22 6 31 23
% residential property 27 100 100 100 95 100 94 100 100 100 100 100 27 18 100 100 100 100 96 100 100 100 100 95 100 100 100 100 97 100
Street rankings – least expensive
Where available, the rankings below show the least expensive streets within the postcode district. Average value is calculated by producing values for every property on each street as at today's date and averaging them out. Transaction volume is the number of properties which have changed hands in the street since April 2000. Residential Properties is the number of properties in the street which are in residential use, and % of residential is the proportion of properties in the area which are solely for residential use. Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Street Linney Square Scholes Cambridge Way Lower Longshoot Birkett Street Chatham Street Monument Mansions Scholefield Lane Gilroy Street Birkett Bank Warrington Road Vauxhall Road Rupert Street Newton Close Isabella Square Broomfield Terrace Walmesley Street Morris Street Essex Street Hartley Avenue Hall Street Cambridge Street Warrington Lane Forge Street Newman Street Rose Street Hilton Street Baldwin Street Spring Street Brookhouse Street
Average Value £44,575 £50,271 £52,333 £54,000 £57,360 £58,700 £59,813 £60,111 £60,256 £62,300 £62,786 £63,158 £63,510 £64,069 £64,575 £65,075 £65,780 £65,800 £65,933 £66,033 £66,275 £66,520 £67,188 £67,256 £67,500 £67,625 £67,650 £68,330 £68,745 £68,770
Transaction volume 4 17 3 6 5 4 24 9 16 5 7 24 10 16 4 8 5 3 3 6 4 5 8 9 4 4 10 10 44 23
Page 14 of 20
Residential properties 80 499 37 38 9 13 28 44 16 18 7 27 17 31 51 19 11 21 14 8 5 10 120 12 7 42 12 19 65 40
% residential property 100 98 100 100 100 93 100 96 100 95 88 96 100 100 100 100 100 95 100 89 100 100 98 100 100 100 100 100 98 98
Street rankings – highest turnover
Where available, the rankings below show the streets with the highest turnover of properties within the postcode district. Average value is calculated by producing values for every property on each street as at today's date and averaging them out. Transaction volume is the number of properties which have changed hands in the street since April 2000. Residential Properties is the number of properties in the street which are in residential use, and % of residential is the proportion of properties in the area which are solely for residential use. Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Street Trevore Drive Darlington Street East Wigan Lane Chorley Road Holme Terrace Platt Lane Swinley Lane Durham Street Mesnes Road Wigan Road Standishgate Lessingham Avenue Leyburn Close Spring Street Dicconson Street Upper Dicconson Street Bradshaw Street Spencer Road Gordon Street Balcarres Avenue Northumberland Street Trecastell Close Kenyon Road Whitley Crescent Deanery Court Thompson Street Vine Street Lorne Street Eccleston Street Walter Scott Avenue
Average Value £174,429 £80,849 £198,419 £172,025 £105,453 £109,648 £135,335 £105,193 £165,622 £185,716 £125,747 £134,905 £107,555 £68,745 £131,408 £115,770 £91,857 £156,081 £68,872 £112,178 £75,083 £100,419 £134,103 £206,730 £77,862 £75,983 £90,282 £71,523 £132,912 £175,880
Transaction volume 103 70 68 64 62 62 62 55 50 49 45 44 44 44 43 43 42 42 41 36 36 31 30 30 29 29 28 26 25 25
Page 15 of 20
Residential properties 112 171 306 142 116 104 86 60 100 66 58 92 48 65 111 49 73 87 49 116 57 25 59 117 26 30 79 45 50 51
% residential property 100 94 88 94 100 99 99 100 91 99 55 100 100 98 96 71 99 99 100 99 98 100 94 99 100 94 100 100 100 100
Street rankings – most residential
Where available, the rankings below show the streets with the highest proportion of residential property within the postcode district. Average value is calculated by producing values for every property on each street as at today's date and averaging them out. Transaction volume is the number of properties which have changed hands in the street since April 2000. Residential Properties is the number of properties in the street which are in residential use, and % of residential is the proportion of properties in the area which are solely for residential use. Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Street Scholes Wigan Lane Darlington Street East Chorley Road Warrington Lane Whitley Crescent Balcarres Avenue Holme Terrace Trevore Drive Dicconson Street Chestnut Road Platt Lane Mesnes Road Lessingham Avenue Spencer Road Swinley Lane Swinley Road Linney Square Vine Street Bradshaw Street Great Acre Wigan Road Spring Street Walkden Avenue Durham Street Danesway Kenyon Road Standishgate Northumberland Street Springfield Street
Average Value £50,271 £198,419 £80,849 £172,025 £67,188 £206,730 £112,178 £105,453 £174,429 £131,408 £86,850 £109,648 £165,622 £134,905 £156,081 £135,335 £158,200 £44,575 £90,282 £91,857 £100,086 £185,716 £68,745 £115,578 £105,193 £144,783 £134,103 £125,747 £75,083 £162,953
Transaction volume 17 68 70 64 8 30 36 62 103 43 14 62 50 44 42 62 22 4 28 42 7 49 44 23 55 18 30 45 36 15
Page 16 of 20
Residential properties 499 306 171 142 120 117 116 116 112 111 105 104 100 92 87 86 83 80 79 73 70 66 65 64 60 59 59 58 57 55
% residential property 98 88 94 94 98 99 99 100 100 96 100 99 91 100 99 99 99 100 100 99 100 99 98 97 100 100 94 55 98 96
Recent market activity - flips
Previous sale price
Previous sale date
Recent sale price
Recent sale date
Change AER (%) (%)
Address
£158,500
Jan-08
£215,000
Dec-08
35.7
39.7
69 Walter Scott Avenue
£15,000
May-01
£192,000
Jun-09
1180.0
37.0
16 Brock Mill Lane
£42,000
Jun-01
£160,000
Apr-09
281.0
18.6
19 Clifton Street
£42,000
Jun-01
£120,000
Apr-09
185.7
14.3
19 Clifton Street
£41,000
Jan-00
£129,000
Nov-08
214.6
13.8
51 Lessingham Avenue
£65,000
Nov-01
£156,500
Feb-09
140.8
12.8
337 Wigan Lane
£58,500
Apr-03
£110,000
Dec-08
88.0
11.7
4 Acton Street
£67,500
Apr-02
£139,000
Dec-08
105.9
11.4
5 Lessingham Avenue
£65,000
Aug-02
£121,000
Dec-08
86.2
10.4
55 Walkden Avenue
£78,000
Jul-01
£160,000
May-09
105.1
9.6
22 Walkden Avenue East
This table shows the top ten recent transactions ordered by annualised price change. These represent repeat sales added to the Land Registry database within the last month.
Page 17 of 20
Recent market activity - flops
Previous sale price
Previous sale date
Recent sale price
Recent sale date
Change AER (%) (%)
Address
£118,000
Dec-07
£85,000
Jan-09
-28.0
-25.9
31 Stirling Street
£147,500
Mar-07
£88,000
May-09
-40.3
-21.7
21 Mabs Cross Court
£195,000
Mar-07
£150,000
Jan-09
-23.1
-13.3
14 Trevore Drive
£180,000
Dec-05
£140,000
Apr-09
-22.2
-7.4
3 Alden Close
£124,000
Nov-07
£109,950
Jul-09
-11.3
-6.8
26 Moorings Close
£85,000
Sep-07
£78,000
Dec-08
-8.2
-6.7
9 Vine Street
£195,000
Sep-05
£158,000
May-09
-19.0
-5.6
6 Trevore Drive
£135,950
Jun-06
£119,950
Nov-08
-11.8
-5.1
4 Lockside Mews
£169,950
Feb-07
£149,500
Jul-09
-12.0
-5.1
10 Ashland Avenue
£55,000
Apr-07
£49,995
Jun-09
-9.1
-4.3
34 Roach Green
This table shows the bottom ten recent transactions ordered by annualised price change. These represent repeat sales added to the Land Registry database within the last month. Where there have been less than ten of these transactions in this postcode district some properties may appear in both the 'flips' and 'flops' lists.
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Crime statistics
Based on police recorded crime reports (for the financial year 2006/7) Wigan ranks at 252 out of the 373 CDRPs (Crime and Disorder Reduction Partnerships). The larger the rank number the worse the levels of crime. Wigan
Greater Manchester
National
Violence
17.00
18.80
16.20
Sexual Offence
1.00
1.10
0.98
Robbery
1.00
2.50
0.99
Burglary
6.00
8.10
4.21
Theft of Motor
4.00
4.70
2.68
Theft from Motor
8.00
11.40
6.88
The numbers above refer to offences per 1,000 people. Local crime figures are reported by Crime and Disorder Reduction Partnerships (CDRPs). These are local partnerships of police, local authorities and various other organisations. Please refer to the relevant local area guide on Mouseprice for more information on this postcode district.
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Notes
Use of Information This report is provided for information purposes only. The report is prepared from information that is collated with care, however no representation is made as to the report's accuracy, completeness or reliability. The user assumes total responsibility and risk for subsequent use of any information contained within this report. Persons seeking to place reliance on the information contained within this report for their own or third party purposes do so at their own risk. You are advised to seek independent advice when buying or selling a property. Crown copyright material is reproduced with the permission of Land Registry. (a)Permitted Use. Viewers of this Information are granted permission to access this Crown copyright material and to download the Crown copyright material onto electronic, magnetic, optical or similar storage media provided that such activities are for private research, study or in-house use only. Any other use of the material requires the formal written permission of Land Registry which can be requested from Land Registry at Lincoln’s Inn Fields, London , WC2A 3PH. (b) Restricted Use. Viewers must not copy, distribute, sell or publish any of the Crown copyright material. For information on the Land Registry dataset please contact the Land Registry directly.
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