Flat 2, 40
Flat 2, 40
Description & Estimates
Flat 2, 40, Park Road, Chorley is described in the public record as a period apartment with 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 40, Park Road, Chorley is £108,366 and its rental estimate is £666 per month, given the available information and assuming reasonable condition.
40, Park Road is a residential building on Park Road, Adlington, Chorley, PR7 and falls within the PR7 postal district and the borough of Chorley.
Our Data Sources
Flat 2, 40, Park Road, Chorley has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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
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 Flat 2, 40, Park Road, Chorley, we estimate a market value of £113,784 and a rental value of £699 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,780 and £619 per month respectively.
Recent Market Change
Over the last year, Flat 2, 40, Park Road, Chorley has seen its estimated sale value move down by £104 (0.1%) and its estimated rental value increase by £12 per month (1.8%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
Flat 2, 40, Park Road, Chorley has an Energy Performance Rating (EPC) of D. 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.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 40, Park Road, Chorley have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2022, was Flat 37, Sumner House 29, St. Thomas's Road, Chorley, PR7 1HP, a leasehold flat which sold for £85,500.
Read more about house prices in PR7.
- Sold Nov 2022£85,500 | 2 Bed FlatFlat 37, Sumner House 29, St. Thomas's Road, Chorley, PR7 1HPFlat 37, Sumner House 29, St. Thomas's Road, Chorley, PR7 1HP
- Sold Oct 2019£109,500 | 2 Bed FlatFlat 2, 25, Queens Road, Chorley, PR7 1JUFlat 2, 25, Queens Road, Chorley, PR7 1JU
- Sold Nov 2017£85,000 | 2 Bed FlatFlat 1, 40, Park Road, Chorley, PR7 1QUFlat 1, 40, Park Road, Chorley, PR7 1QU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 364 addresses on Park Road, Adlington, Chorley, PR7, Flat 2, 40, Park Road, Chorley comes out as the 243rd largest and the 249th most expensive in our analysis of the public data.
It is also £131k less expensive than the average property across the PR7 district.
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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
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Public Transport Nearby
From Flat 2, 40, Park Road, Chorley, the nearest station is Chorley, 700 metres away.
- 700mChorley
- 2.7kmBuckshaw Parkway
- 3.2kmEuxton Balshaw Lane
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
