Thursday, 8 September 2016

Warrington Property Values Have Increased by £53.51 per Week

I always welcome landlords to pop in and see me before they invest – so that I can do some research on their behalf. It’s always better to have a few more extra sets of eyes looking at your investment plan.

Mike, a Warrington landlord, came in to our office last week and took me up on my offer. More specifically, he came to discuss the rising property values in Warrington. He owns a varied portfolio of rental properties, primarily in Warrington and is looking to invest again. However, this time he is looking for a semi-detached property.

I decided to compare Warrington’s property market growth to Widnes and Runcorn – as some of Mike’s properties are in these neighbouring towns.

Warrington Values

Over the last 12 months, the average property value in Warrington has risen by nearly £2,783!

The average price paid is £182,774 across all property types in Warrington – which is a very reasonable 1.42% increase. In fact, if you look over the last five years in Warrington, the change in value is £28,873, which is an increase of 17.02%. Not too shabby!

When we looked at the values for semi-detached houses in the last 12 months, this average increase is at £4,074. This is a considerable average increase of £78.35 per week.

Values in Widnes and Runcorn

I then looked at semi-detached in some of Warrington’s surrounding towns.

Widnes has a lower average increase in property value, at around £47.23 per week (£2,456 over the last 12 months), whilst Runcorn has decreased in value by £8.36 per week (minus £435 over the last 12 months). So while Warrington and Widnes property markets are doing well, Runcorn is struggling. However, it has improved from previous years and is slowly on the rise.

When considering this landlord’s buy to let portfolio, the rental values have increased slightly in the last 12 months. He has increased them to the town average, showing therefore that it could be a good time to invest in the property market in Warrington.

If you would like research like this done for you before you invest in the Warrington property market then feel free to pop into my office which is situation at 6 Bankside, Crosfield St, WA1 1UP you can always drop me an email on or give me a call on 01925 235 338. I will be more than happy to give you my time and introduce you to the team.

Don't forget to visit the links below to view back dated deals and Warrington Property News.

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