Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Wishaw, ML2 current market prices

The price growth in Wishaw is lower than the national average, with the 2 year growth at -9.9 times the national average. Compared to other areas, ML2 is a relatively inexpensive area, with an average price -100% lower than the national average. The average house price in Wishaw, ML2 is £0 and the average rent is £916.

ML2 Current Averages

Market characteristic ML2 district National ML2 against national
Average price £0 £365,598 -100%
Average rent £522 £916 -43.0%
Sales per month 10 14 (102,880 Total) -28.6%

ML2 Growth trends

Growth rate ML2 district National
2yr house growth -100% 10.1%
2yr CAGR -100% 4.9%
Last 12 months house price growth -100% 7.1%

ML2 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £0 £107,420 £174,241 £169,442 View houses for sale in ML2
Flats £0 £60,511 £63,851 £74,700 View flats for sale in ML2
Detached £0 £206,217 £177,211 £245,500 View detached for sale in ML2
Semi-detached £0 £109,209 £114,448 £178,318 View semi-detached for sale in ML2
Terraced £0 £75,518 £74,653 £113,615 View terraced for sale in ML2
Bungalows N/A N/A N/A £193,333 View bungalows for sale in ML2

Type Historical Average Price
All properties to rent £529 View houses for rent in ML2
Flats for rent £440 View flats for rent in ML2
Detached for rent N/A View detached for rent in ML2
Semi-detached for rent £698 View semi-detached for rent in ML2
Terraced for rent £636 View terraced for rent in ML2
Bungalows for rent £595 View bungalows for rent in ML2

Current market notes

The data above illustrates the relative proportions different types of property in the ML2 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all ML2 sales since 1995. The growth trends table shows the change in average house price for the ML2 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.