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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record lists 3, Chestnut Close, Wigan as a freehold house.
Comparison with its neighbours suggests a modern house with 2,960 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
3, Chestnut Close, Wigan has an estimated sale value of £587,102 and an estimated rental value of £2,077 per month, assuming reasonable condition and based on the information available.
Chestnut Close, Newburgh, Wigan, WN8 lies in the borough of West Lancashire, within the WN8 postal district.
3, 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.
In very good condition, we estimate 3, Chestnut Close, Wigan would be worth £616,457, with a potential rental value of £2,181 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £546,005, with a rental value of £1,932 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Chestnut Close, Wigan has moved up by £10,128 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (1.4%). The property's estimated gross yield is currently 4.2%.
3, Chestnut Close, Wigan last changed hands on 11th November 2020, selling for £785,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 26.4% since November 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.2 kilometres of 3, Chestnut Close, Wigan across the last 2 years.
Most recently, 7, Chestnut Close, Wigan, WN8 7AH, a freehold house, sold at £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.
Our analysis of the public data ranks 3, Chestnut Close, Wigan as the 7th largest and the 5th most expensive of the 7 addresses on Chestnut Close, Newburgh, Wigan, WN8.
Against the WN8 postcode district average, it is £396k more expensive than the typical property.
Hoscar station is the nearest stop to 3, Chestnut Close, Wigan at 1.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Chestnut Close, Wigan, 58.3% of property is privately owned outright and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Chestnut Close, Wigan, 11.1% of residents are recorded as possessing school level qualifications and 41.9% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Chestnut Close, Wigan, the average age was 42.2 and the most common age was 17.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Chestnut Close, Wigan, 1.9% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Chestnut Close, Wigan, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
