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Platt Bridge and Abram House Prices Platt Bridge and Abram House Prices

The average house price in Platt Bridge and Abram is £122,728 using HM Land Registry data.

The average property price increased by £61,346 (58.55%) over the last 5 years and increased by £12,260 (7.97%) over the last 12 months.

Over the last year, there were 97 residential property sales – a decrease of 91 transactions (-93.81%) relative to the previous year. The majority of house sales (26) were in the £152,000 - £188,000 range. Then came properties in the £116,000 - £152,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 114 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,336 (-2%).

In April 2024, there were 10 new estate agency instructions, 13 agreed home sales and 7 property price reductions.

Neighbouring Areas: Ince-in-Makerfield

Postcodes Covered: WN2

5-Year Average Property Prices in Platt Bridge and Abram

58.55%

Property prices in Platt Bridge and Abram increased by 58.55% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Platt Bridge and Abram Over the Last Year

7.97%

Property prices in Platt Bridge and Abram increased by 7.97% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Platt Bridge and Abram - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Platt Bridge and Abram

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Platt Bridge and Abram

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Platt Bridge and Abram

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Platt Bridge and Abram since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Platt Bridge and Abram area since 1995.

Recent Property Sales in Platt Bridge and Abram

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Wyredale Close, Platt Bridge, Wigan, Greater Manchester, WN2 5EE£115,000£110,000-£5,00024 Nov 202322 Mar 2024119 Days
30 Lune Road, Platt Bridge, Wigan, Greater Manchester, WN2 5BY£140,000£140,000£0009 Mar 202316 Feb 2024344 Days
99 Neville Street, Platt Bridge, Wigan, Greater Manchester, WN2 5BN£130,000£120,000-£10,00027 May 202302 Feb 2024251 Days
454 Warrington Road, Abram, Wigan, Greater Manchester, WN2 5XX£145,000£132,000-£13,00028 Jun 202326 Jan 2024212 Days
109 Moss Lane, Platt Bridge, Wigan, Greater Manchester, WN2 3TQ£95,000£93,000-£2,00022 Jun 202324 Nov 2023155 Days
21 Car Street, Platt Bridge, Wigan, Greater Manchester, WN2 5JD£100,000£100,000£0019 Jun 202322 Nov 2023156 Days
16 Simpkin Street, Abram, Wigan, Greater Manchester, WN2 5QD£220,000£220,000£0019 May 202303 Nov 2023168 Days
52 Lee Lane, Abram, Wigan, Greater Manchester, WN2 5QU£165,000£165,000£0024 Mar 202301 Nov 2023222 Days
481 Warrington Road, Abram, Wigan, Greater Manchester, WN2 5XY£110,000£110,000£0016 Jun 202327 Oct 2023133 Days
38 Davy Road, Abram, Wigan, Greater Manchester, WN2 5YX£189,950£185,000-£4,95017 May 202324 Oct 2023160 Days
11 Templeton Road, Platt Bridge, Wigan, Greater Manchester, WN2 5PB£95,000£95,000£0028 Apr 202324 Oct 2023179 Days
9 Ruskin Crescent, Abram, Wigan, Greater Manchester, WN2 5PX£160,000£158,000-£2,00030 Mar 202320 Oct 2023204 Days
14 Dunster Close, Platt Bridge, Wigan, Greater Manchester, WN2 5HT£169,950£166,000-£3,95009 Feb 202320 Oct 2023253 Days
16 Borrowbeck Close, Platt Bridge, Wigan, Greater Manchester, WN2 5EZ£120,000£117,500-£2,50029 Jun 202327 Sep 202390 Days
31 Victoria Road, Platt Bridge, Wigan, Greater Manchester, WN2 5DJ£145,000£135,000-£10,00026 May 202326 Sep 2023123 Days
57 Lune Road, Platt Bridge, Wigan, Greater Manchester, WN2 5HG£280,000£275,000-£5,00029 Apr 202313 Sep 2023137 Days
6 Stephen Street, Platt Bridge, Wigan, Greater Manchester, WN2 3UL£90,000£85,000-£5,00022 Mar 202312 Sep 2023174 Days
13 Shepton Avenue, Platt Bridge, Wigan, Greater Manchester, WN2 5JL£150,000£140,000-£10,00011 Nov 202225 Jul 2023256 Days
4 Oakbank, Platt Bridge, Wigan, Greater Manchester, WN2 3TS£185,000£184,000-£1,00028 Feb 202314 Jul 2023136 Days
1 Pinewood Close, Abram, Wigan, Greater Manchester, WN2 5XS£168,000£168,000£0017 Jan 202314 Jul 2023178 Days

Most Expensive Streets in Platt Bridge and Abram

PostcodeStreetAreaAverageNo. of Sales
WN2 5YSSheaves CloseAbram£326,6663
WN2 5FPStable NookAbram£302,5003
WN2 5BUMorano DrivePlatt Bridge£230,8333
WN2 3UWPickthorn ClosePlatt Bridge£217,6663
WN2 5YTMcellen RoadAbram£210,6005
WN2 5YQJennings Park AvenueAbram£203,18318
WN2 5YPHolcroft DriveAbram£202,30518
WN2 5YNMaypole CrescentAbram£196,0006
WN2 5QULee LaneAbram£183,4378
WN2 3FTSt Nathaniels ClosePlatt Bridge£179,8577

Least Expensive Streets in Platt Bridge and Abram

PostcodeStreetAreaAverageNo. of Sales
WN2 5LSGas StreetPlatt Bridge£60,0615
WN2 5BPSydney StreetPlatt Bridge£62,4166
WN2 5BSSydney StreetPlatt Bridge£65,3005
WN2 5BWBank StreetPlatt Bridge£70,8754
WN2 3TYLiverpool RoadPlatt Bridge£74,6787
WN2 5AEWalthew LanePlatt Bridge£75,2504
WN2 5PBTempleton RoadPlatt Bridge£77,8333
WN2 5JBNew StreetPlatt Bridge£82,7506
WN2 5BLNeville StreetPlatt Bridge£83,5003
WN2 5BNNeville StreetPlatt Bridge£84,9916

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