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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record lists 40, Reedsmere Close, Wigan as a freehold house sitting on a 149 m2 plot.
Comparison with its neighbours suggests a modern house with 930 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
40, Reedsmere Close, Wigan has an estimated sale value of £176,600 and an estimated rental value of £1,022 per month, assuming reasonable condition and based on the information available.
Reedsmere Close, Wigan, WN5 lies in the borough of Wigan, within the WN5 postal district.
40, Reedsmere Close, Wigan has 41 entries in the Land Registry , most recently in February 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 40, Reedsmere Close, Wigan would be worth £185,430, with a potential rental value of £1,073 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £164,238, with a rental value of £950 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Reedsmere Close, Wigan has increased by £3,667 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £35 (3.5%). The property's estimated gross yield is currently 6.9%.
40, Reedsmere Close, Wigan occupies a 149 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 49 have recorded plot sizes, and this one ranks as the 35th largest.
40, Reedsmere Close, Wigan last changed hands on 26th February 2021, selling for £132,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 64.3% since February 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 40, Reedsmere Close, Wigan across the last 2 years.
Most recently, 39, Reedsmere Close, Wigan, WN5 9DX, a freehold house, sold at £166,000 on the 29th September 2023.
Read more about house prices in WN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Reedsmere Close, Wigan as the 12th largest and the 20th most expensive of the 51 addresses on Reedsmere Close, Wigan, WN5.
Against the WN5 postcode district average, it is £16k less expensive than the typical property.
Pemberton station is the nearest stop to 40, Reedsmere Close, Wigan at 1.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, 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 North West 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 40, 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 North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, 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 40, 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 40, 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.
