Current Market Trends for Properties Under £300k in Wigan

2025 overview of Wigan’s long-term house price trends and how they compare across property types and to national averages—particularly relevant when looking at properties under £300k

Overall Price Growth

Average house price: Around £193,000 as of May 2025, a notable 8.3% increase from May 2024—outpacing the North West’s regional rise of 3.3%

2024 baseline: End-of-year data from December 2024 shows average prices close to £187,000, up 6.3% year-on-year

Annual trend: Wigan has shown consistent growth with around 6–7% increase over the past year.

Zoopla insight: Wigan leads the North West with 4.4% annual growth, as the strongest in the region

First-Time Buyers & Mortgage Purchases

First-time buyers in Wigan paid £174,000 on average in May 2025—up 8.5% from the previous year

Mortgage-assisted buyers averaged £197,000, an 8.4% increase year-on-year

Property Type Breakdown

By type (May 2025):

Detached: £321k (slightly above your £300k threshold)

Semi-detached: £201k

Terraced: £154k

Flats/maisonettes: £110k

Activity Levels & Market Stability

H1 2025:

Listings grew by ~10% year-on-year, with 2,112 listings in May.

Sales agreed up by ~4.8%, with 463 deals in May

Compared to early 2025, performance in Q2 remains robust:

Listings increased 7.6%, sales agreed up 13.9%, and asking prices rose around 3–4% year-on-year, Market friction remains manageable: withdrawals and fall-throughs have decreased sharply—signaling committed buyers and sellers.

Area-by-Area Variations (Sub-£300k)

Average asking prices by postcode:

Golborne (WA3): ~£299.8k

Tyldesley (M29): ~£274k

Standish (WN6): ~£226k

Ashton-in-Makerfield (WN4): ~£216k, and other nearby areas even lower—all comfortably within your budget

5-year growth hotspots

Ince (WN3): +45.2%

Ashton-in-Makerfield: +33.8%

Pemberton: +30.8%—particularly strong growth in these affordable areas

Street-level data confirms strong mid-range performance:

Ashton-in-Makerfield (~£200k, +5.8% annual growth)

Hindley, Abram, Appley Bridge also showing robust gains usually 4–6% per annum

Market momentum: The UK market is busier—highest monthly sales since the pandemic, with property values expected to rise ~2% by year’s end

Investor interest: Wigan remains attractive for buy-to-let investors due to good yields and price growth—a factor supporting housing demand 

Summary: Sub-£300k Market in Wigan

FactorInsight
Growth TrendStrong and consistent—with ~6–8% annual increases.
AffordabilityMost property types under £300k still dominate the market—including nearly all semi-detached, terraced, and flats. Detached slightly exceed but some within budget exist.
Demand & ListingsActive market, healthy listings, growing sales — robust buyer activity.
Top AreasManche suburban/town areas like Ashton-in-Makerfield, Ince, Pemberton show strong growth and affordability.
OutlookPositive—buoyed by investor interest, market momentum, and local affordability.

Recommendations

  • Yes, the sub-£300k segment in Wigan is highly active, with steady price increases and strong demand.
  • Ideal areas to monitor include WA3, WN4, WN3, M29, WN6—offering affordability and strong growth.
  • Whether you’re buying or investing, staying informed about postcode-level trends and new listing data can help you act quickly in this dynamic market.

1 thought on “Current Market Trends for Properties Under £300k in Wigan”

Leave a Comment

Your email address will not be published. Required fields are marked *