WN1 (Wigan) area guide

WN1
Wigan
The WN1 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aspull New Springs Whelley, Haigh, Horwich and Blackrod, Ince, Standish, Standish with Langtree, Swinley, Wigan, Wigan Central, Wigan West.
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Notes:

A Mouseprice property guide for WN1 Wigan is coming soon. In the meantime, please have a look at the raw data and statistics about WN1 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Wigan propertyThe size of the property market in WN1 is 8430 homes.

Wigan propertyGiven that the nominal growth rate in this postcode district (WN1) has been about 15.2% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Wigan propertyAverage property prices in this postcode district over the last three months have been approximately £125522.

Wigan propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 6.2.

Wigan propertyNew transactions as a percentage of overall sales are 5.1%.

Housing stock:

Wigan propertyThe most commonly found type of housing in this area are Semi- Detached Houses, making up 36.3% of the housing stock.

Wigan propertyThe least common type of property in this area is Detached Houses (14.2% of the total housing stock). alt="Wigan property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 21.6%.

Wigan propertyThe majority of property in this area is owner occupied.

Wigan propertyThe average price of a two bed property in this area is less that the national average of £187894 at £121436.

Who lives here:

Wigan propertyWigan propertyThe average age in this area is 40.
Wigan propertyThis looks like a great place to go out – 29.1% of the population is single!
Wigan propertyAverage working hours in this area for men are 41 and for women are 31.
Wigan propertyThis area has 20.5 people per square kilometre.
Wigan propertyThe largest source of work in this area is Wholesale & Retail (19% of workers), followed by Construction (17%).