51, Weldbank Lane
51, Weldbank Lane
Description & Estimates
Public records show 51, Weldbank Lane, Chorley to be a period freehold house with 1,765 ft2 of internal area, sitting on a 111 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
51, Weldbank Lane, Chorley has an estimated sale value of £246,034 and an estimated rental value of £1,290 per month, assuming reasonable condition and based on the information available.
Weldbank Lane, Chorley, PR7 lies in the borough of Chorley, within the PR7 postal district.
Our Data Sources
51, Weldbank Lane, Chorley has 2 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 51, Weldbank Lane, Chorley would be worth £258,336, with a potential rental value of £1,354 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £228,811, with a rental value of £1,199 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 51, Weldbank Lane, Chorley has dropped by £995 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £34 (2.6%). The property's estimated gross yield is currently 6.3%.
Plot Size
51, Weldbank Lane, Chorley occupies a 111 m2 plot as recorded by HM Land Registry.
Of the 40 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
51, Weldbank Lane, Chorley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
51, Weldbank Lane, Chorley last changed hands on 1st May 2015, selling for £113,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.9% since May 2015.
- Sold May 2015£113,000
- Sold Dec 2011£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 480 metres of 51, Weldbank Lane, Chorley across the last 2 years.
Most recently, 17, Carr Lane, Chorley, PR7 3JE, a leasehold house, sold at £112,500 on the 27th October 2017.
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
Our analysis of the public data ranks 51, Weldbank Lane, Chorley as the 5th largest and the 5th most expensive of the 104 addresses on Weldbank Lane, Chorley, PR7.
Against the PR7 postcode district average, it is £7k more expensive than the typical property.
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Schools Nearby
- 200mSt Gregory's Catholic Primary School, Chorley
- 400mChorley All Saints Church of England Primary School and Nursery Unit
- 700mDuke Street Primary School
- 400mHoly Cross Catholic High School
- 1.0kmAlbany Academy
- 1.1kmSouthlands High School
More reading links
Public Transport Nearby
Chorley station is the nearest stop to 51, Weldbank Lane, Chorley at 1.4 kilometres away.
- 1.4kmChorley
- 3.7kmAdlington (Lancashire)
- 4.1kmBuckshaw Parkway
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
