According to the public record, Apartment 1, 85, Ormskirk Road, Wigan is a modern leasehold apartment and with 914 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 85, Ormskirk Road, Wigan, WN5.
Ormskirk Road, Wigan, WN5 is located in the borough of Wigan within the WN5 postal district.
Apartment 1, 85, Ormskirk Road, Wigan has 2 entries in the Land Registry database, most recently in February 2023 and 2 entries in the EPC database, most recently in March 2021.
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 Apartment 1 85 Ormskirk Road Wigan as £69,378 and the rental value as £416 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Apartment 1 85 Ormskirk Road Wigan has increased by £2,038 (2.9%) and its rental value has increased by £20 per month (4.9%).
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 Apartment 1, 85, Ormskirk Road, Wigan is in very good condition we estimate a sale value of £72,847 and rental value of £437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,522 and a rental value of £387 per month.
If you were able to purchase this property for the estimated value of £69,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £341 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 HM Land Registry, Apartment 1, 85, Ormskirk Road, Wigan was last sold on 01 Feb 2023 for £52,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 34m radius of Apartment 1, 85, Ormskirk Road, Wigan over the last 2 years.
The most recent example is Apartment 1, 89, Ormskirk Road, Wigan, WN5 9EA, a Leasehold flat which sold for £73,000 in Nov 2022.
Read more about house prices in WN5.
Ormskirk Road, Wigan, WN5 has a total of 574 addresses. According to our analysis of all the public data, Apartment 1, 85, Ormskirk Road, Wigan is the 319th largest and the 534th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in WN5.
Apartment 1, 85, Ormskirk Road, Wigan has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 1, 85, Ormskirk Road, Wigan is Wigan North Western 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 Apartment 1, 85, Ormskirk Road, Wigan, 38.8% of property is privately owned with a mortgage and 23.6% is socially rented.
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 Apartment 1, 85, Ormskirk Road, Wigan, 13.1% of residents are recorded as possessing school level qualifications and 22.5% 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 Apartment 1, 85, Ormskirk Road, 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 Apartment 1, 85, Ormskirk Road, 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 Apartment 1, 85, Ormskirk Road, Wigan, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.