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According to the public record, 8, Burgh Meadows, Chorley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,279 ft2 of internal area and sits on a 330 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Burgh Meadows, Chorley is £318,411 and the estimated rental value is £1,256 per month.
Burgh Meadows, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
8, Burgh Meadows, Chorley has 2 entries in the Land Registry , most recently in March 2016 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 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 8, Burgh Meadows, Chorley is in very good condition we estimate a sale value of £334,331 and a rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,122 and a rental value of £1,168 per month.
Over the last 12 months the sale value of 8 Burgh Meadows Chorley has decreased by an estimated £1,036 (0.3%) and its rental value has increased by an estimated £34 per month (2.7%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 8, Burgh Meadows, Chorley sits on a plot of 330m2.
We have plot size data on 42 out of 42 other houses in the postcode and 8, Burgh Meadows, Chorley sits on the 10th largest plot.
According to HM Land Registry, 8, Burgh Meadows, Chorley was last sold on 11th March 2016 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Burgh Meadows, Chorley within a radius of 650 metres over the last 2 years.
The most recent example is 20, Burgh Meadows, Chorley, PR7 3LR, a freehold house which sold for £328,000 on the 29th October 2024.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burgh Meadows, Chorley, PR7 has a total of 42 addresses. According to our analysis of all the public data, 8, Burgh Meadows, Chorley is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in PR7.
The closest station to 8, Burgh Meadows, Chorley is Chorley station which is 1.8 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Burgh Meadows, Chorley, 43.9% of property is privately owned with a mortgage and 40.0% 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 8, Burgh Meadows, Chorley, 22.1% of residents are recorded as possessing school level qualifications and 32.0% 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 8, Burgh Meadows, 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 8, Burgh Meadows, Chorley, 1.7% 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 8, Burgh Meadows, Chorley, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
