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According to the public record, 178, Preston Road, Chorley is a period leasehold house with 1,485 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 178, Preston Road, Chorley is £396,449 and the estimated rental value is £1,470 per month.
Preston Road, Chorley, PR6 is located in the borough of Chorley within the PR6 postal district.
178, Preston Road, Chorley has 41 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated December 2014.
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 178, Preston Road, Chorley is in very good condition we estimate a sale value of £416,272 and a rental value of £1,543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,698 and a rental value of £1,367 per month.
Over the last 12 months the sale value of 178 Preston Road Chorley has decreased by an estimated £2,165 (0.5%) and its rental value has increased by an estimated £42 per month (2.8%), giving an expected gross yield of 4.4%.
178, Preston Road, Chorley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 178, Preston Road, Chorley was last sold on 3rd August 2022 for £352,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since August 2022, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 178, Preston Road, Chorley within a radius of 970 metres over the last 2 years.
The most recent example is 170, Preston Road, Chorley, PR6 7AZ, a leasehold house which sold for £333,500 on the 25th September 2024.
Read more about house prices in PR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Chorley, PR6 has a total of 39 addresses. According to our analysis of all the public data, 178, Preston Road, Chorley is the 24th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in PR6.
The closest station to 178, Preston Road, Chorley is Chorley station which is 1.9 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 178, Preston Road, Chorley, 61.9% of property is privately owned outright and 32.5% 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 178, Preston Road, Chorley, 11.7% of residents are recorded as possessing school level qualifications and 37.3% 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 178, Preston Road, Chorley, the average age was 42.8 and the most common age was 57.
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 178, Preston Road, Chorley, 0.4% 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 178, Preston Road, 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.
