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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
According to the public record, 5, Lower Burgh Way, Chorley is a modern freehold house with 1,496 ft2 of internal area and sits on a 124 m2 plot.
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 5, Lower Burgh Way, Chorley is £284,958 and the estimated rental value is £1,284 per month.
Lower Burgh Way, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
5, Lower Burgh Way, Chorley has a single entry in the Land Registry from July 2010 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 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 5, Lower Burgh Way, Chorley is in very good condition we estimate a sale value of £299,206 and a rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,011 and a rental value of £1,194 per month.
Over the last 12 months the sale value of 5 Lower Burgh Way Chorley has decreased by an estimated £927 (0.3%) and its rental value has increased by an estimated £35 per month (2.7%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 5, Lower Burgh Way, Chorley sits on a plot of 124m2.
We have plot size data on 10 out of 25 other houses in the postcode and 5, Lower Burgh Way, Chorley sits on the 8th largest plot.
5, Lower Burgh Way, Chorley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2020.
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, 5, Lower Burgh Way, Chorley was last sold on 3rd July 2010 for £243,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lower Burgh Way, Chorley within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Lower Burgh Way, Chorley, PR7 3TJ, a freehold house which sold for £237,500 on the 13th June 2023.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Burgh Way, Chorley, PR7 has a total of 25 addresses. According to our analysis of all the public data, 5, Lower Burgh Way, Chorley is the largest and the most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in PR7.
The closest station to 5, Lower Burgh Way, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Lower Burgh Way, Chorley, 77.6% of property is privately owned with a mortgage and 10.3% 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 5, Lower Burgh Way, Chorley, 25.6% of residents are recorded as possessing school level qualifications and 49.1% 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 5, Lower Burgh Way, 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 5, Lower Burgh 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 5, Lower Burgh Way, Chorley, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
