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Chorley House Prices

The average house price in Chorley is £228,543 using HM Land Registry data.

The average property price increased by £46,760 (29.4%) over the last 5 years and increased by £9,347 (4.76%) over the last 12 months.

Over the last year, there were 415 residential property sales – a decrease of 214 transactions (-51.57%) relative to the previous year. The majority of house sales (102) were in the £100,000 - £144,000 range. Then came properties in the £144,000 - £188,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,809 (-3%).

In Oct 24, there were 76 new estate agency instructions, 62 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in Chorley

29.4%

Property prices in Chorley increased by 29.4% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Chorley Over the Last Year

4.76%

Property prices in Chorley increased by 4.76% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Chorley - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Chorley

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Chorley

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Chorley

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Chorley since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Chorley area since 1995.

Recent Property Sales in Chorley

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
68 Duke Street, Chorley, Lancashire, PR7 3DT	£137,500	£137,500	£00	29 Nov 2023	09 May 2024	162 Days
38 Bracken Close, Chorley, Lancashire, PR6 0EJ	£270,000	£258,000	-£12,000	07 Nov 2023	09 May 2024	184 Days
1 Lydd Grove, Chorley, Lancashire, PR7 2QQ	£230,000	£230,000	£00	27 Dec 2023	03 May 2024	128 Days
31 Shakespeare Terrace, Chorley, Lancashire, PR6 7AQ	£109,950	£109,000	-£950	19 Oct 2023	30 Apr 2024	194 Days
2 Lichfield Road, Chorley, Lancashire, PR7 2EA	£179,950	£167,500	-£12,450	15 Jun 2023	26 Apr 2024	316 Days
6 Parkers Wood Close, Chorley, Lancashire, PR7 2FD	£475,000	£432,500	-£42,500	11 Nov 2022	26 Apr 2024	532 Days
12 Mackay Croft, Chorley, Lancashire, PR6 0RQ	£125,000	£110,000	-£15,000	13 Sep 2023	26 Apr 2024	226 Days
80 Preston Road, Chorley, Lancashire, PR7 1PT	£159,950	£135,000	-£24,950	25 Sep 2023	22 Apr 2024	210 Days
64 Weldbank Lane, Chorley, Lancashire, PR7 3NQ	£154,995	£152,000	-£2,995	21 Nov 2023	11 Apr 2024	142 Days
89 Brooke Street, Chorley, Lancashire, PR6 0NG	£99,995	£97,500	-£2,495	06 Feb 2024	10 Apr 2024	64 Days
28 Draperfield, Chorley, Lancashire, PR7 3PJ	£159,995	£158,000	-£1,995	19 Oct 2023	28 Mar 2024	161 Days
11 Maple Grove, Chorley, Lancashire, PR6 7BD	£359,995	£350,000	-£9,995	12 Sep 2023	28 Mar 2024	198 Days
12 Lindsay Drive, Chorley, Lancashire, PR7 2QL	£235,000	£235,000	£00	02 Nov 2023	25 Mar 2024	144 Days
38 Ringway, Chorley, Lancashire, PR7 2QD	£220,000	£212,000	-£8,000	12 Oct 2023	22 Mar 2024	162 Days
15 Cunningham Avenue, Chorley, Lancashire, PR7 2PS	£250,000	£250,000	£00	26 Jan 2024	21 Mar 2024	55 Days
36 Athol Grove, Chorley, Lancashire, PR6 0LL	£200,000	£190,000	-£10,000	10 Oct 2023	15 Mar 2024	157 Days
25 Cranbourne Drive, Chorley, Lancashire, PR6 0LJ	£180,000	£175,000	-£5,000	03 Oct 2023	15 Mar 2024	164 Days
126 Brooke Street, Chorley, Lancashire, PR6 0LB	£135,000	£105,000	-£30,000	27 Oct 2023	13 Mar 2024	138 Days
21 Crawford Avenue, Chorley, Lancashire, PR7 2QT	£275,000	£275,000	£00	07 Nov 2023	11 Mar 2024	125 Days
39 Broadfields, Chorley, Lancashire, PR7 1XS	£135,000	£130,000	-£5,000	15 May 2019	08 Mar 2024	1759 Days

Most Expensive Streets in Chorley

Postcode	Street	Area	Average	No. of Sales
PR6 9ED	Flag Lane	Heath Charnock	£570,000	3
PR7 1PQ	Strawberry Fields	Chorley	£536,625	4
PR7 1UR	Merefield	Chorley	£512,500	6
PR7 1UP	Merefield	Chorley	£506,562	8
PR7 1LN	Windsor Road	Chorley	£497,000	5
PR7 3FP	Peel Tower Close	Chorley	£426,666	3
PR7 2FB	Johns Wood Close	Chorley	£402,666	3
PR6 7AZ	Preston Road	Chorley	£400,500	4
PR7 3PS	The Copse	Chorley	£400,000	3
PR7 6FH	Badgers Walk	Euxton	£391,666	3

Least Expensive Streets in Chorley

Postcode	Street	Area	Average	No. of Sales
PR6 0RY	Progress Street	Chorley	£68,200	3
PR6 0SH	Brighton Street	Chorley	£74,000	3
PR6 0LZ	Limbrick Road	Chorley	£78,233	3
PR7 3ND	Pall Mall	Chorley	£78,874	6
PR6 0NG	Brooke Street	Chorley	£79,000	7
PR7 2DX	Gilbert Street	Chorley	£79,333	3
PR7 2LE	Pall Mall	Chorley	£82,000	3
PR7 2NH	Arnold Place	Chorley	£82,500	4
PR6 0SN	Seymour Street	Chorley	£84,983	3
PR7 3AF	Beacon Street	Chorley	£85,666	9