Bank Street, Chorley, PR7

Street Guide For Bank Street, Chorley, PR7

 

Bank Street, Chorley, PR7 Map

Estimated Price: £118,311
Average Asking Price: £210,704
Price change in last one year: £4,411
Average Price Paid: £116,833
Average Rent Rates: £752

 

Property Prices Breakdown in Bank Street, Chorley, PR7

Average Price for property in Bank Street, Chorley, PR7 is around £118,311 which varies based on type of property you are interested in and ranges from £122,049 for terraced house to around £88,411 for a flat. Values have been changing and have risen £132 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,302 in last 6 months, £4,411 in last 1 year, £7,653 in last 2 years, £9,017 in last 3 years, £6,957 in last 4 years and £3,464 in last 5 years.

Currently average asking price of a property in Bank Street, Chorley, PR7 is around £210,704 based on approximately 1 properties for sale. Same is the case with rental options based on 133 properties up for rent, average asking rent is around £752 per month.

Estimated property value in Bank Street, Chorley, PR7 is £118,311. Average asking price is £210,704 while average price paid is £110,000 which is up by £4,411 and Avg. asking rent £752.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bank Street, Chorley, PR7 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Bank Street, Chorley, PR7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £118,750. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £116,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £116,833 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £88,483, £125,555 for a 2 bedroom house, £159,144 for a 3 bedroom house, £283,612 for a 4 bedroom house and £395,883 for a 5 bedroom house. For a flat similarly the prices varies from £77,738 for a single bedroom to £99,600 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £83,483. To sum up the asking prices for properties in Bank Street, Chorley, PR7 it comes to around average £79,434 for 1 bedroom property, £115,993 for 2 bedroom, £158,213 for 3 bedroom, £283,612 for 4 bedroom and £395,883 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £488 for 2 bedrooms, £596 for 3 bedrooms, £883 for 4 bedrooms and £849 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £381. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £479. You should be generally be expecting around average £390 rent per month for single bedroom property, £483 for 2 bedroom, £596 for 3 bedroom, £882 for 4 bedroom and approximately £849 for a 5 bedroom property in Bank Street, Chorley, PR7 area.

Popular Houses in Bank Street, Chorley, PR7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Bank Street, Chorley, PR7