Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 2, 40, Park Road, Chorley is a period apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 40, Park Road, Chorley is £107,414 and the estimated rental value is £644 per month.
The apartment is within 40, Park Road, Chorley, PR7.
Park Road, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
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.
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 2, 40, Park Road, Chorley is in very good condition we estimate a sale value of £112,785 and a rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,895 and a rental value of £599 per month.
Over the last 12 months the sale value of Flat 2 40 Park Road Chorley has decreased by an estimated £486 (0.5%) and its rental value has increased by an estimated £14 per month (2.2%), giving an expected gross yield of 7.2%.
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.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Park Road, Chorley within a radius of 590 metres over the last 2 years.
The most recent example is Flat 19, Sumner House 29, St. Thomas's Road, Chorley, PR7 1HP, a leasehold flat which sold for £330,000 on the 1st March 2024.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Chorley, PR7 has a total of 161 addresses. According to our analysis of all the public data, Flat 2, 40, Park Road, Chorley is the 103rd largest and the 112th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in PR7.
The closest station to Flat 2, 40, Park Road, Chorley is Chorley station which is 700 metres away.
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.
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 Flat 2, 40, Park Road, Chorley, 31.9% of property is privately rented and 28.3% is socially rented.
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 Flat 2, 40, Park Road, Chorley, 16.8% of residents are recorded as possessing school level qualifications and 26.2% 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 Flat 2, 40, Park Road, Chorley, the average age was 42.8 and the most common age was 57.
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 Flat 2, 40, Park Road, Chorley, 0.0% 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 Flat 2, 40, Park Road, Chorley, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
