7, CHERRY TREE WAY, HELMSHORE, ROSSENDALE, BB4 4JZ - £250,000

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.

7 CHERRY TREE WAY is a detached house, which could now be worth an estimated £290,056. It was last sold for £250,000 in July 2021, which was around 15% below the average July 2021 detached price in the Rossendale local authority area.

7 CHERRY TREE WAY Sold Prices

Land registry data shows four sales for 7 CHERRY TREE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rossendale local authority area for the corresponding sale date. Most of the four 7 CHERRY TREE WAY sales were 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
2021 12 JUL	£250,000	£292,913	15% below HPI
2020 4 SEP	£283,000	£260,250	9% above HPI
2004 7 MAY	£149,950	£157,730	5% below HPI
2002 4 JUL	£85,950	£102,034	16% below HPI

What might 7 CHERRY TREE WAY be worth now?

7 CHERRY TREE WAY might now be worth an estimated £290,056.

This is based on house price inflation of 16%, between July 2021 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 16% inflationary increase is applied to the most recent sale price for 7 CHERRY TREE WAY of £250,000 on 12th July 2021. For the value to have increased from £250,000 to £290,056 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 7 CHERRY TREE WAY has moved in line with the HPI for detached houses in the Rossendale local authority area.
• The July 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHERRY TREE WAY has not materially changed since July 2021.

Where is 7 CHERRY TREE WAY?

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