Wilmslow

Area Guide For Wilmslow

Wilmslow is a town in Cheshire, England. It lies to the south of the city of Manchester between Alderley Edge and Handforth. At the 2001 Census, the population of the town was 30,326. Wilmslow, like its neighbour Alderley Edge, is famous for its affluence and expensive houses. It has a selection of expensive designer shops, cafes and restaurants that attract people living the true "Cheshire lifestyle", such as the numerous Premiership footballers, WAGs, actors and multi-millionaire North-West business people that live in and around the Wilmslow area. It is one of the most expensive and sought-after places to live in the UK after central London. Wilmslow falls within the political constituency of Tatton, a strongly Conservative constituency represented by George Osborne, the current Chancellor of the Exchequer. It is the third most affluent constituency in the UK after Kensington and Chelsea and the City of London and Westminster. Wilmslow derives its name came from Anglo-Saxon Wghelmes hlw "mound of a man called Wghelm" Much about the local Iron Age history of Wilmslow was uncovered with the discovery of Lindow Man, in Lindow Moss. Preserved in the peat bogs for 2000 years,

 
 

Wilmslow Map

Estimated Price: £374,509
Average Asking Price: £501,556
Price change in last one year: £28,937
Average Price Paid: £309,576
Average Rent Rates: £1,476

 
 

Property Prices Breakdown in Wilmslow

Average Price for property in Wilmslow is around £374,509 which varies based on type of property you are interested in and ranges from £627,697 for detached house to around £330,352 for semi-detached. Similarly terraced house is around £239,186 and a flat is worth £217,592. Values have been changing and have risen £1,900 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,330 in last 6 months, £28,937 in last 1 year, £53,100 in last 2 years, £52,483 in last 3 years, £36,100 in last 4 years and £51,485 in last 5 years.

Currently average asking price of a property in Wilmslow is around £501,556 based on approximately 547 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £1,476 per month.

Estimated property value in Wilmslow is £374,509. Average asking price is £501,556 while average price paid is £336,174 which is up by £28,937 and Avg. asking rent £1,476.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 Wilmslow area. In last 1 year alone average price buyer paid is around £336,174 based on approximately 547 sales in Wilmslow area alone. If you compare it to last 3 years sales of 1,597 properties where buyers paid around £313,136. 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 £309,576 for 2,608 and average amount paid for purchase of approx. 3,428 properties sold in last 7 years comes to about £305,728 per sale.

 
 

Properties For Sale in Wilmslow

 
 

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 £105,200, £210,927 for a 2 bedroom house, £336,281 for a 3 bedroom house, £615,793 for a 4 bedroom house and £1,396,031 for a 5 bedroom house. For a flat similarly the prices varies from £101,202 for a single bedroom to £219,480 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £352,080. To sum up the asking prices for properties in Wilmslow it comes to around average £101,690 for 1 bedroom property, £215,509 for 2 bedroom, £337,692 for 3 bedroom, £615,793 for 4 bedroom and £1,396,031 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 £874 for 2 bedroom to £1,094 for 3 bedroom, £1,765 for 4 bedroom and £6,320 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £488. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £825 and £1,300 for 3 bedroom. You should be generally be expecting around average £488 rent per month for single bedroom property, £841 for 2 bedroom, £1,115 for 3 bedroom, £1,765 for 4 bedroom and approximately £6,320 for a 5 bedroom property in Wilmslow area.

Popular Houses in Wilmslow

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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