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According to the public record, 1, Pilgrim Drive, Chorley is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Pilgrim Drive, Chorley is £136,943 and the estimated rental value is £694 per month.
Pilgrim Drive, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
1, Pilgrim Drive, Chorley has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Pilgrim Drive, Chorley is in very good condition we estimate a sale value of £143,790 and a rental value of £729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,357 and a rental value of £646 per month.
Over the last 12 months the sale value of 1 Pilgrim Drive Chorley has decreased by an estimated £620 (0.5%) and its rental value has increased by an estimated £15 per month (2.2%), giving an expected gross yield of 6.1%.
1, Pilgrim Drive, Chorley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Pilgrim Drive, Chorley was last sold on 21st December 2015 for £119,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Pilgrim Drive, Chorley within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Mayflower Gardens, Chorley, PR7 3TR, a leasehold flat which sold for £126,000 on the 26th July 2024.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pilgrim Drive, Chorley, PR7 has a total of 46 addresses. According to our analysis of all the public data, 1, Pilgrim Drive, Chorley is the 42nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in PR7.
The closest station to 1, Pilgrim Drive, Chorley is Chorley station which is 2.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Pilgrim Drive, Chorley, 61.6% of property is privately owned with a mortgage and 24.9% is privately owned outright.
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 1, Pilgrim Drive, Chorley, 24.5% of residents are recorded as possessing school level qualifications and 44.3% 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 1, Pilgrim Drive, Chorley, the average age was 38.3 and the most common age was 52.
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 1, Pilgrim Drive, Chorley, 1.0% 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 1, Pilgrim Drive, Chorley, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.