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45, Mill Lane, Wigan appears in the public record as a leasehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,069 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 45, Mill Lane, Wigan is £265,823 and its rental estimate is £1,154 per month, given the available information and assuming reasonable condition.
Mill Lane, Aspull, Wigan, WN2 falls within the WN2 postal district, in the borough of Wigan.
45, Mill Lane, Wigan has a single entry in the Land Registry from June 2022 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 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 45, Mill Lane, Wigan, we estimate a market value of £279,114 and a rental value of £1,212 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,215 and £1,073 per month respectively.
Over the last year, 45, Mill Lane, Wigan has seen its estimated sale value rise by £3,206 (1.2%) and its estimated rental value move up by £35 per month (3.0%). This results in an estimated gross rental yield of 5.2%.
The most recent sale of 45, Mill Lane, Wigan completed on 17th June 2022 at £300,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.9% over the period since June 2022.
Over the past 2 years 3 properties similar to 45, Mill Lane, Wigan have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2021, was 36, Mill Lane, Wigan, WN2 1QY, a freehold house which sold for £215,000.
Read more about house prices in WN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 26 addresses on Mill Lane, Aspull, Wigan, WN2, 45, Mill Lane, Wigan comes out as the 20th largest and the 19th most expensive in our analysis of the public data.
It is also £80k more expensive than the average property across the WN2 district.
From 45, Mill Lane, Wigan, the nearest station is Hindley, 2.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, Mill Lane, Wigan, 46.6% of property is privately owned outright and 44.2% 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 45, Mill Lane, Wigan, 18.5% of residents are recorded as possessing school level qualifications and 39.3% 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 45, Mill Lane, Wigan, the average age was 43.4 and the most common age was 57.
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 45, Mill Lane, Wigan, 1.3% 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 45, Mill Lane, Wigan, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.