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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
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According to the public record, 22, Melrose Way, Chorley is a mid-century freehold house with 850 ft2 of internal area and sits on a 610 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Melrose Way, Chorley is £247,748 and the estimated rental value is £1,106 per month.
Melrose Way, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
22, Melrose Way, Chorley has 2 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Melrose Way, Chorley is in very good condition we estimate a sale value of £260,135 and a rental value of £1,161 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,405 and a rental value of £1,029 per month.
Over the last 12 months the sale value of 22 Melrose Way Chorley has increased by an estimated £2,365 (1.0%) and its rental value has increased by an estimated £43 per month (3.9%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 22, Melrose Way, Chorley sits on a plot of 610m2.
We have plot size data on 24 out of 38 other houses in the postcode and 22, Melrose Way, Chorley sits on the 8th largest plot.
22, Melrose Way, Chorley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2018.
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, 22, Melrose Way, Chorley was last sold on 27th November 2020 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has risen 49.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Melrose Way, Chorley within a radius of 560 metres over the last 2 years.
The most recent example is 3, St. Albans Place, Chorley, PR7 3EY, a freehold house which sold for £207,000 on the 8th December 2023.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Way, Chorley, PR7 has a total of 55 addresses. According to our analysis of all the public data, 22, Melrose Way, Chorley is the 33rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in PR7.
The closest station to 22, Melrose Way, Chorley is Chorley station which is 1.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Melrose Way, Chorley, % of property is and % is .
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, Melrose Way, Chorley, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Melrose Way, 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, Melrose Way, Chorley, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
