3, CHERRY TREE WAY, HELMSHORE, ROSSENDALE, BB4 4JZ - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHERRY TREE WAY is a detached house, which could now be worth an estimated £517,686. It was last sold for £415,000 in December 2020, which was around 52% above the average December 2020 detached price in the Rossendale local authority area.

3 CHERRY TREE WAY Sold Prices

Land registry data shows two sales for 3 CHERRY TREE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. One of the two 3 CHERRY TREE WAY sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 18 DEC	£415,000	£272,435	52% above HPI
2004 27 JUL	£59,500	£169,209	65% below HPI

What might 3 CHERRY TREE WAY be worth now?

3 CHERRY TREE WAY might now be worth an estimated £517,686.

This is based on house price inflation of 24.7%, between December 2020 and May 2026, for detached houses, in the Rossendale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 3 CHERRY TREE WAY of £415,000 on 18th December 2020. For the value to have increased from £415,000 to £517,686 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 CHERRY TREE WAY has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The December 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY TREE WAY has not materially changed since December 2020.

Where is 3 CHERRY TREE WAY?

3 CHERRY TREE WAY is located in HELMSHORE, in the BB4 postcode district.