Flat 4, 1-3
Flat 4, 1-3
Description & Estimates
Flat 4, 1-3, Park Road, Chorley is described in the public record as a period apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 1-3, Park Road, Chorley is £124,093 and its rental estimate is £677 per month, given the available information and assuming reasonable condition.
1-3, 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 4, 1-3, Park Road, Chorley has no records in the the Land Registry and a single entry in the EPC database dated May 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 4, 1-3, Park Road, Chorley, we estimate a market value of £130,297 and a rental value of £711 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,406 and £630 per month respectively.
Recent Market Change
Over the last year, Flat 4, 1-3, Park Road, Chorley has seen its estimated sale value fall by £120 (0.1%) and its estimated rental value move up by £12 per month (1.8%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Flat 4, 1-3, Park Road, Chorley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 1-3, Park Road, Chorley have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2024, was Flat 8, Park House 16, Park Road, Chorley, PR7 1QN, a leasehold flat which sold for £130,000.
Read more about house prices in PR7.
- Sold Nov 2024£130,000 | 2 Bed FlatFlat 8, Park House 16, Park Road, Chorley, PR7 1QNFlat 8, Park House 16, Park Road, Chorley, PR7 1QN
- Sold Jun 2024£125,000 | 2 Bed FlatFlat 4, Balmoral Court, Balmoral Road, Chorley, PR7 1LQFlat 4, Balmoral Court, Balmoral Road, Chorley, PR7 1LQ
- Sold May 2023£121,000 | 2 Bed FlatFlat 9, Park House 16, Park Road, Chorley, PR7 1QNFlat 9, Park House 16, Park Road, Chorley, PR7 1QN
•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 4, 1-3, Park Road, Chorley comes out as the 246th largest and the 233rd most expensive in our analysis of the public data.
It is also £115k less expensive than the average property across the PR7 district.
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Schools Nearby
- 200mChorley, the Parish of St Laurence Church of England Primary School
- 900mHighfield Community Primary School
- 900mSt Joseph's Catholic Primary School, Chorley
- 500mSt Michael's Church of England High School
- 800mParklands High School
- 1.8kmAlbany Academy
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Public Transport Nearby
From Flat 4, 1-3, Park Road, Chorley, the nearest station is Chorley, 600 metres away.
- 600mChorley
- 2.7kmBuckshaw Parkway
- 3.1kmEuxton 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.
