1, Chestnut Close
1, Chestnut Close
Description & Estimates
According to the public record, 1, Chestnut Close, Wigan is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Chestnut Close, Wigan is £587,102 and the estimated rental value is £2,077 per month.
Chestnut Close, Newburgh, Wigan, WN8 is located in the borough of West Lancashire within the WN8 postal district.
Our Data Sources
1, Chestnut Close, Wigan has a single entry in the Land Registry from November 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Chestnut Close, Wigan is in very good condition we estimate a sale value of £616,457 and a rental value of £2,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,005 and a rental value of £1,932 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Chestnut Close, Wigan has moved up by £10,128 (1.7%), while its estimated rental value has increased by £29 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Sold Prices
According to HM Land Registry, 1, Chestnut Close, Wigan was last sold on 27th November 2020 for £750,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped by 26.4%.
- Sold Nov 2020£750,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chestnut Close, Wigan within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 7, Chestnut Close, Wigan, WN8 7AH, a freehold house which sold for £735,000 on the 4th March 2021.
Read more about house prices in WN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chestnut Close, Newburgh, Wigan, WN8 has a total of 7 addresses. According to our analysis of all the public data, 1, Chestnut Close, Wigan is the largest and the most expensive property on the street.
When compared to the postcode district it is £396k more expensive than the average property in WN8.
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Schools Nearby
- 500mNewburgh Church of England Primary School
- 1.8kmOur Lady and All Saints Roman Catholic Primary School, Parbold
- 2.0kmParbold Douglas Church of England Academy
- 2.8kmLathom High School : A Technology College
- 3.9kmBurscough Priory Academy
- 5.4kmOrmskirk School
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Public Transport Nearby
The closest station to 1, Chestnut Close, Wigan is Hoscar station, which is 1.5 kilometres away.
- 1.5kmHoscar
- 1.5kmParbold
- 3.4kmBurscough Junction
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
