Flat 1, 40
Flat 1, 40
Description & Estimates
According to the public record, Flat 1, 40, Park Road, Chorley is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 40, Park Road, Chorley is £102,927 and the estimated rental value is £645 per month.
The apartment is within 40, Park Road, Adlington, Chorley, PR7.
Park Road, Adlington, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
Our Data Sources
Flat 1, 40, Park Road, Chorley has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Flat 1, 40, Park Road, Chorley is in very good condition we estimate a sale value of £108,074 and a rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,722 and a rental value of £600 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 40, Park Road, Chorley has risen by £125 (0.1%), while its estimated rental value has moved up by £17 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Flat 1, 40, Park Road, Chorley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 1, 40, Park Road, Chorley was last sold on 2nd November 2017 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has risen by 24.1%.
- Sold Nov 2017£85,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 40, Park Road, Chorley within a radius of 590 metres over the last 2 years.
The most recent example is Flat 37, Sumner House 29, St. Thomas's Road, Chorley, PR7 1HP, a leasehold flat which sold for £85,500 on the 4th November 2022.
Read more about house prices in PR7.
- Sold Nov 2022£85,500 | 2 Bed FlatSumner House 29, St. Thomas's RoadFlat 37, Sumner House 29, St. Thomas's Road, Chorley, PR7 1HP
- Sold Jul 2018£81,000 | 2 Bed FlatPark House 16, Park RoadFlat 4, Park House 16, Park Road, Chorley, PR7 1QN
- Sold Feb 2010£51,000 | 2 Bed Flat22, Park RoadFlat 1, 22, Park Road, Chorley, PR7 1QU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Road, Adlington, Chorley, PR7 has a total of 364 addresses. According to our analysis of all the public data, Flat 1, 40, Park Road, Chorley is the 301st largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in PR7.
More reading links
Schools Nearby
- 100mChorley, the Parish of St Laurence Church of England Primary School
- 700mSt Joseph's Catholic Primary School, Chorley
- 800mHighfield Community Primary School
- 400mSt Michael's Church of England High School
- 1.0kmParklands High School
- 1.9kmAlbany Academy
More reading links
Public Transport Nearby
The closest station to Flat 1, 40, Park Road, Chorley is Chorley station, which is 700 metres away.
- 700mChorley
- 2.7kmBuckshaw Parkway
- 3.2kmEuxton Balshaw Lane
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
