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Chorley House Prices Chorley House Prices

The average house price in Chorley is £215,549 using HM Land Registry data.

The average property price increased by £46,555 (29.51%) over the last 5 years and increased by £9,304 (4.77%) over the last 12 months.

Over the last year, there were 395 residential property sales – a decrease of 224 transactions (-56.71%) relative to the previous year. The majority of house sales (100) were in the £100,000 - £148,000 range. Then came properties in the £148,000 - £196,000 range, where 86 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,809 (-3%).

In April 2024, there were 83 new estate agency instructions, 69 agreed home sales and 31 property price reductions.

Neighbouring Areas: Whittle-le-Woods, Euxton

Postcodes Covered: PR6, PR7

5-Year Average Property Prices in Chorley

29.51%

Property prices in Chorley increased by 29.51% 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

4.77%

Property prices in Chorley increased by 4.77% 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.

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).

Property Market Heat Gauge for Chorley - April 2024

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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Rookwood Avenue, Chorley, Lancashire, PR7 1RL£270,000£250,000-£20,00030 Jun 202320 Feb 2024235 Days
15 Sandridge Avenue, Chorley, Lancashire, PR7 2PZ£400,000£395,000-£5,00024 Apr 202320 Feb 2024302 Days
1 Merton Grove, Chorley, Lancashire, PR6 8UR£400,000£397,500-£2,50025 Aug 202302 Feb 2024161 Days
5 Cranbourne Street, Chorley, Lancashire, PR6 0LH£155,000£153,000-£2,00013 Jul 202309 Jan 2024180 Days
112 Weldbank Lane, Chorley, Lancashire, PR7 3NN£185,000£185,000£0021 Jul 202308 Dec 2023140 Days
3 St Albans Place, Chorley, Lancashire, PR7 3EY£220,000£207,000-£13,00005 Jun 202308 Dec 2023186 Days
66 Pilling Lane, Chorley, Lancashire, PR7 3ED£134,995£134,995£0025 Jul 202301 Dec 2023129 Days
113 Corporation Street, Chorley, Lancashire, PR6 0DN£95,000£90,000-£5,00024 Aug 202330 Nov 202398 Days
67 Heapey Road, Chorley, Lancashire, PR6 9BQ£200,000£193,500-£6,50008 Jun 202324 Nov 2023169 Days
4 Northumberland Street, Chorley, Lancashire, PR7 2BQ£115,000£105,500-£9,50028 Jul 202323 Nov 2023118 Days
122 Canterbury Street, Chorley, Lancashire, PR6 0LN£145,000£145,000£0014 Sep 202322 Nov 202369 Days
4 Nightingale Way, Chorley, Lancashire, PR7 2RS£285,000£275,000-£10,00020 Jan 202321 Nov 2023305 Days
16 Long Copse, Astley Village, Chorley, Lancashire, PR7 1TH£375,000£356,000-£19,00014 Jun 202320 Nov 2023159 Days
5 Mountbatten Road, Chorley, Lancashire, PR7 2PP£240,000£235,000-£5,00028 Jul 202310 Nov 2023105 Days
2 Hardy Drive, Chorley, Lancashire, PR7 2QA£235,000£235,000£0028 Jul 202303 Nov 202398 Days
3 Goulding Street, Chorley, Lancashire, PR7 3EP£110,000£110,000£0001 May 202303 Nov 2023186 Days
29 Cranbourne Drive, Chorley, Lancashire, PR6 0LJ£350,000£340,000-£10,00012 May 202303 Nov 2023175 Days
19 Moorfields, Chorley, Lancashire, PR6 0EE£175,000£167,500-£7,50008 Jun 202301 Nov 2023146 Days
25 Letchworth Place, Chorley, Lancashire, PR7 2HJ£159,995£150,000-£9,99521 Jun 202323 Oct 2023124 Days
8 Hope Street, Chorley, Lancashire, PR7 1EG£124,995£119,205-£5,79031 Mar 202323 Oct 2023206 Days

Most Expensive Streets in Chorley

PostcodeStreetAreaAverageNo. of Sales
PR7 1HRSt Thomass RoadChorley£770,0001
PR6 9EDFlag LaneHeath Charnock£570,0003
PR7 1LNWindsor RoadChorley£540,8336
PR7 1PQStrawberry FieldsChorley£525,5003
PR7 3FNHodsons FoldChorley£518,0001
PR7 1UPMerefieldChorley£506,5628
PR6 7BAPreston RoadChorley£500,0001
PR7 1URMerefieldChorley£495,0005
PR6 9ADCrosse Hall FoldChorley£467,5002
PR7 2HFGillibrand WalksChorley£461,2502

Least Expensive Streets in Chorley

PostcodeStreetAreaAverageNo. of Sales
PR6 0SXThe FlatsDevonport Way£54,0001
PR7 2HYBlack Horse StreetChorley£59,0001
PR7 3LZDuke StreetChorley£59,9951
PR7 2JTAspen GardensChorley£63,7502
PR7 1SPArley StreetChorley£68,0001
PR6 0RYProgress StreetChorley£68,2003
PR7 1PBGillibrand HouseLancaster Court£69,0001
PR6 0PRSilverdale RoadChorley£69,0001
PR7 2HDCarrington RoadChorley£70,0001
PR6 0PJLyons LaneChorley£72,0002

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