Market outlook for Wigan
Key indicators for buyers
The Wigan market looks favourable for buyers. Rising rents (£727/mo, +7.0%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Wigan costs 5.9x the local median salary — moderate, improving from a peak of 6.3x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Wigan is £727, up 7.0% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Wigan price of £189,589 with a 25% deposit (£47k), a 2-year fixed mortgage at 3.97% costs around £748 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£748) are £21 more than renting (£727). However, buying requires an upfront deposit of £47k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
10, MORANO DRIVE, PLATT BRIDGE WN2 5BU | Detached | £250,000 | 28 Jan 2026 |
7, FERN CLOSE, SHEVINGTON WN6 8BL | Semi-detached | £246,000 | 26 Jan 2026 |
123, PLATT FOLD ROAD WN7 1JW | Semi-detached | £143,810 | 23 Jan 2026 |
10, HILLDALE, ASHTON IN MAKERFIELD WN4 0AJ | Semi-detached | £250,000 | 23 Jan 2026 |
10, WALTER STREET WN7 4TY | Terraced | £124,000 | 23 Jan 2026 |
9, VALLEY ROAD WN5 9HD | Semi-detached | £150,000 | 22 Jan 2026 |
73, THE AVENUE WN7 1EY | Terraced |
Explore postcodes in Wigan
10postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.