Area Guide For Wigton

Wigton is a village and civil parish in Allerdale, out the lake district and is traditionally in Cumberland. Cumbrian coast line stops at Wigton railway station and the A596 towards Workington and to Carlisle. The residential population in Wigtons is 5,360.In 1936 the British New Wrap Co Ltd was set up and based in Wigton, Cumbria and production of cellulose film start at the site which had previously known as a Jam-making facility. The company’s main products are label & graphics, cellophane and Propafilm and substrates for plastic banknotes that are currently being used by all Aussies as their currencies.


Wigton Map

Estimated Price: £173,121
Average Asking Price: £205,062
Price change in last one year: £7,783
Average Price Paid: £156,876
Average Rent Rates: £460


Property Prices Breakdown in Wigton

Average Price for property in Wigton is around £173,121 which varies based on type of property you are interested in and ranges from £239,468 for detached house to around £149,320 for semi-detached. Similarly terraced house is around £111,814 and a flat is worth £89,790. Values have been changing and have risen £1,182 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £964 in last 6 months, £7,783 in last 1 year, £16,936 in last 2 years, £16,260 in last 3 years, £15,046 in last 4 years and £15,660 in last 5 years.

Currently average asking price of a property in Wigton is around £205,062 based on approximately 253 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £460 per month.

Estimated property value in Wigton is £173,121. Average asking price is £205,062 while average price paid is £152,675 which is up by £7,783 and Avg. asking rent £460.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Wigton area. In last 1 year alone average price buyer paid is around £152,675 based on approximately 253 sales in Wigton area alone. If you compare it to last 3 years sales of 709 properties where buyers paid around £154,285. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £156,876 for 1,170 and average amount paid for purchase of approx. 1,538 properties sold in last 7 years comes to about £157,198 per sale.


Properties For Sale in Wigton


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £61,250, £117,078 for a 2 bedroom house, £184,476 for a 3 bedroom house, £265,229 for a 4 bedroom house and £290,872 for a 5 bedroom house. For a flat similarly the prices varies from £60,950 for a single bedroom to £100,992 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £55,000 and £145,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wigton it comes to around average £61,100 for 1 bedroom property, £115,496 for 2 bedroom, £183,564 for 3 bedroom, £263,763 for 4 bedroom and £290,872 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £750 for 1 bedroom to £451 for 2 bedroom, £429 for 3 bedroom and £828 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £286. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £337. You should be generally be expecting around average £441 rent per month for single bedroom property, £410 for 2 bedroom, £429 for 3 bedroom and approximately £828 for 4 bedroom property in Wigton area.

Popular Houses in Wigton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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