5, Southgates
5, Southgates
Description & Estimates
5, Southgates, Chorley appears in the public record as a leasehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 535 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Southgates, Chorley is £188,367 and its rental estimate is £933 per month, given the available information and assuming reasonable condition.
Southgates, Charnock Richard, Chorley, PR7 falls within the PR7 postal district, in the borough of Chorley.
Our Data Sources
5, Southgates, Chorley has a single entry in the Land Registry from March 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 5, Southgates, Chorley, we estimate a market value of £197,786 and a rental value of £980 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £175,182 and £868 per month respectively.
Recent Market Change
Over the last year, 5, Southgates, Chorley has seen its estimated sale value increase by £3,136 (1.7%) and its estimated rental value grow by £36 per month (3.8%). This results in an estimated gross rental yield of 5.9%.
Sold Prices
The most recent sale of 5, Southgates, Chorley completed on 28th March 2018 at £90,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.6% over the period since March 2018.
- Sold Mar 2018£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Southgates, Chorley have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2023, was 27, Neargates, Chorley, PR7 5EY, a freehold 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.
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Location Comparison
Of the 16 addresses on Southgates, Charnock Richard, Chorley, PR7, 5, Southgates, Chorley comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the PR7 district.
More reading links
Schools Nearby
- 500mChrist Church Charnock Richard CofE Primary School
- 1.1kmCoppull Parish Church of England Primary School
- 1.1kmCoppull Primary School and Nursery
- 1.6kmSouthlands High School
- 2.6kmHoly Cross Catholic High School
- 3.1kmParklands High School
More reading links
Public Transport Nearby
From 5, Southgates, Chorley, the nearest station is Chorley, 3.6 kilometres away.
- 3.6kmChorley
- 4.3kmEuxton Balshaw Lane
- 4.6kmBuckshaw Parkway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
