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According to the public record, 8, Cranbourne Drive, Chorley is a mid-century leasehold house with 893 ft2 of internal area.
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 8, Cranbourne Drive, Chorley is £212,561 and the estimated rental value is £1,210 per month.
Cranbourne Drive, Chorley, PR6 is located in the borough of Chorley within the PR6 postal district.
8, Cranbourne Drive, Chorley has 31 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated June 2022.
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 8, Cranbourne Drive, Chorley is in very good condition we estimate a sale value of £223,189 and a rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,681 and a rental value of £1,126 per month.
Over the last 12 months the sale value of 8 Cranbourne Drive Chorley has increased by an estimated £2,503 (1.2%) and its rental value has increased by an estimated £49 per month (4.0%), giving an expected gross yield of 6.8%.
8, Cranbourne Drive, Chorley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jun 2022.
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, 8, Cranbourne Drive, Chorley was last sold on 23rd September 2022 for £247,500 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has risen 55.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cranbourne Drive, Chorley within a radius of 470 metres over the last 2 years.
The most recent example is 10, Cranbourne Drive, Chorley, PR6 0LJ, a leasehold house which sold for £170,000 on the 22nd November 2024.
Read more about house prices in PR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbourne Drive, Chorley, PR6 has a total of 34 addresses. According to our analysis of all the public data, 8, Cranbourne Drive, Chorley is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in PR6.
The closest station to 8, Cranbourne Drive, Chorley is Chorley station which is 600 metres 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, Cranbourne Drive, Chorley, 65.3% of property is privately owned outright and 24.8% is privately owned with a mortgage.
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, Cranbourne Drive, Chorley, 8.7% of residents are recorded as possessing school level qualifications and 21.2% 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, Cranbourne Drive, Chorley, the average age was 39.3 and the most common age was 32.
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, Cranbourne Drive, Chorley, 0.7% 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, Cranbourne Drive, Chorley, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
