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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
112, Weldbank Lane, Chorley is recorded publicly as a period leasehold house across 828 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 112, Weldbank Lane, Chorley is £172,048 and its rental estimate is £1,023 per month, given the available information and assuming reasonable condition.
Weldbank Lane, Chorley, PR7 falls within the PR7 postal district, in the borough of Chorley.
112, Weldbank Lane, Chorley has 3 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 112, Weldbank Lane, Chorley, we estimate a market value of £180,651 and a rental value of £1,074 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,005 and £952 per month respectively.
Over the last year, 112, Weldbank Lane, Chorley has seen its estimated sale value increase by £713 (0.4%) and its estimated rental value grow by £34 per month (3.3%). This results in an estimated gross rental yield of 7.1%.
112, Weldbank Lane, Chorley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 112, Weldbank Lane, Chorley completed on 8th December 2023 at £185,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 22.3% over the period since December 2023.
Over the past 2 years 3 properties similar to 112, Weldbank Lane, Chorley have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd June 2024, was 100, Weldbank Lane, Chorley, PR7 3NN, a leasehold house which sold for £160,000.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 104 addresses on Weldbank Lane, Chorley, PR7, 112, Weldbank Lane, Chorley comes out as the 69th largest and the 54th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the PR7 district.
From 112, Weldbank Lane, Chorley, the nearest station is Chorley, 1.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 112, Weldbank Lane, Chorley, 42.1% of property is privately owned outright and 40.0% 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 112, Weldbank Lane, Chorley, 18.9% of residents are recorded as possessing school level qualifications and 31.0% 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 112, Weldbank Lane, Chorley, the average age was 40.8 and the most common age was 32.
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 112, Weldbank Lane, Chorley, 1.8% 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 112, Weldbank Lane, Chorley, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
