Market outlook for WN7
Key indicators for buyers
The WN7 market looks favourable for buyers. Prices have softened (-27.3%), 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 £137,310 with a 25% deposit (£34k), a 2-year fixed mortgage at 3.97% costs around £542 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses WN7 avg. price with Wigan rental data
Monthly mortgage payments (£542) are £185 less than renting (£727). However, buying requires an upfront deposit of £34k — 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 |
|---|---|---|---|
10, WALTER STREET WN7 4TY | Terraced | £124,000 | 23 Jan 2026 |
123, PLATT FOLD ROAD WN7 1JW | Semi-detached | £143,810 | 23 Jan 2026 |
73, THE AVENUE WN7 1EY | Terraced | £157,000 | 21 Jan 2026 |
420, ST HELENS ROAD WN7 3PQ | Terraced | £90,500 | 21 Jan 2026 |
53, ENNERDALE ROAD WN7 2TA | Terraced | £175,000 | 16 Jan 2026 |
424, WIGAN ROAD WN7 5LT | Terraced | £120,000 | 16 Jan 2026 |
190, GLEBE STREET WN7 1RJ | Terraced | £125,000 |
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.