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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Draperfield, Chorley is £61,873 and the estimated rental value is £421 per month.
Draperfield, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
22, Draperfield, Chorley has a single entry in the Land Registry from January 2008 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 22, Draperfield, Chorley is in very good condition we estimate a sale value of £64,967 and a rental value of £442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,542 and a rental value of £392 per month.
Over the last 12 months the sale value of 22 Draperfield Chorley has decreased by an estimated £226 (0.4%) and its rental value has increased by an estimated £11 per month (2.5%), giving an expected gross yield of 8.2%.
22, Draperfield, Chorley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 22, Draperfield, Chorley was last sold on 4th January 2008 for £46,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 53.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Draperfield, Chorley within a radius of 680 metres over the last 2 years.
The most recent example is 19, Draperfield, Chorley, PR7 3PJ, a leasehold flat which sold for £47,950 on the 16th June 2017.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Draperfield, Chorley, PR7 has a total of 184 addresses. According to our analysis of all the public data, 22, Draperfield, Chorley is the 171st largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in PR7.
The closest station to 22, Draperfield, Chorley is Chorley station which is 2.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22, Draperfield, Chorley, 35.0% of property is privately owned outright and 34.2% 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 22, Draperfield, Chorley, 8.7% of residents are recorded as possessing school level qualifications and 23.0% 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 22, Draperfield, 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 22, Draperfield, Chorley, 0.0% 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 22, Draperfield, Chorley, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.