6, Chestnut Close
6, Chestnut Close
Description & Estimates
6, Chestnut Close, Wigan appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 2,960 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 6, Chestnut Close, Wigan is £587,102 and its rental estimate is £2,077 per month, given the available information and assuming reasonable condition.
Chestnut Close, Newburgh, Wigan, WN8 falls within the WN8 postal district, in the borough of West Lancashire.
Our Data Sources
6, 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, Chestnut Close, Wigan, we estimate a market value of £616,457 and a rental value of £2,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £546,005 and £1,932 per month respectively.
Recent Market Change
Over the last year, 6, Chestnut Close, Wigan has seen its estimated sale value climb by £10,128 (1.7%) and its estimated rental value rise by £29 per month (1.4%). This results in an estimated gross rental yield of 4.2%.
Sold Prices
The most recent sale of 6, Chestnut Close, Wigan completed on 25th November 2020 at £725,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 26.4% over the period since November 2020.
- Sold Nov 2020£725,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Chestnut Close, Wigan have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th March 2021, was 7, Chestnut Close, Wigan, WN8 7AH, a freehold house which sold for £735,000.
Read more about house prices in WN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Chestnut Close, Newburgh, Wigan, WN8, 6, Chestnut Close, Wigan comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £396k more expensive than the average property across the WN8 district.
More reading links
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
More reading links
Public Transport Nearby
From 6, Chestnut Close, Wigan, the nearest station is Hoscar, 1.5 kilometres away.
- 1.5kmHoscar
- 1.5kmParbold
- 3.4kmBurscough Junction
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
