According to the public record, 31, Reedsmere Close, Wigan is a modern freehold house and with 753 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reedsmere Close, Wigan, WN5 is located in the borough of Wigan within the WN5 postal district.
31, Reedsmere Close, Wigan has 21 entries in the Land Registry database, most recently in December 2020 and 2 entries in the EPC database, most recently in June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Reedsmere Close Wigan as £163,120 and the rental value as £786 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 31 Reedsmere Close Wigan has increased by £7,169 (4.4%) and its rental value has increased by £50 per month (6.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 31, Reedsmere Close, Wigan is in very good condition we estimate a sale value of £171,276 and rental value of £825 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,701 and a rental value of £731 per month.
If you were able to purchase this property for the estimated value of £163,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £802 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 31, Reedsmere Close, Wigan sits on a plot of 150m2.
We have plot size data on 42 out of 51 other houses in the postcode and 31, Reedsmere Close, Wigan sits on the 29th largest plot.
According to HM Land Registry, 31, Reedsmere Close, Wigan was last sold on 18 Dec 2020 for £119,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Reedsmere Close, Wigan within a radius of 49m over the last 2 years.
The most recent example is 46, Reedsmere Close, Wigan, WN5 9DX, a Freehold house which sold for £150,000 in May 2024.
Read more about house prices in WN5.
Reedsmere Close, Wigan, WN5 has a total of 51 addresses. According to our analysis of all the public data, 31, Reedsmere Close, Wigan is the 44th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in WN5.
31, Reedsmere Close, Wigan has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 31, Reedsmere Close, Wigan is Pemberton station which is 1.3 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Reedsmere Close, Wigan, 38.6% of property is privately rented and 29.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 31, Reedsmere Close, Wigan, 22.1% of residents are recorded as possessing school level qualifications and 20.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 31, Reedsmere Close, Wigan, the average age was 39 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 31, Reedsmere Close, Wigan, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 31, Reedsmere Close, Wigan, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.