Market outlook for WN5
Key indicators for buyers
The WN5 market looks favourable for buyers. Prices have softened (-26.9%), which could present a buying opportunity. Rising rents (£727/mo, +7.0%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Wigan area
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
Rental data shown for wider Wigan area
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 £143,800 with a 25% deposit (£36k), a 2-year fixed mortgage at 3.97% costs around £567 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses WN5 avg. price with Wigan rental data
Monthly mortgage payments (£567) are £160 less than renting (£727). However, buying requires an upfront deposit of £36k — it would take around 6 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 |
|---|---|---|---|
9, VALLEY ROAD WN5 9HD | Semi-detached | £150,000 | 22 Jan 2026 |
229, BILLINGE ROAD WN5 8DF | Terraced | £88,000 | 21 Jan 2026 |
28, SANDBROOK ROAD, ORRELL WN5 8UD | Semi-detached | £225,000 | 9 Jan 2026 |
187, BILLINGE ROAD WN5 9HX | Terraced | £80,000 | 9 Jan 2026 |
97, SELKIRK GROVE WN5 9XY | Semi-detached | £176,000 | 5 Jan 2026 |
89, SHERWOOD DRIVE WN5 9RS | Semi-detached | £142,000 | 22 Dec 2025 |
22, ARGYLL STREET WN5 9BG | Terraced | £157,000 |
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.