Burgh Lane, Chorley, PR7

Street Guide For Burgh Lane, Chorley, PR7

 

Burgh Lane, Chorley, PR7 Map

Estimated Price: £235,464
Average Asking Price: £210,704
Price change in last one year: £8,776
Average Price Paid: £215,991
Average Rent Rates: £752

 

Property Prices Breakdown in Burgh Lane, Chorley, PR7

Average Price for property in Burgh Lane, Chorley, PR7 is around £235,464 which varies based on type of property you are interested in and ranges from £244,173 for detached house to around £152,731 for semi-detached. Values have been changing and have risen £263 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,591 in last 6 months, £8,776 in last 1 year, £15,227 in last 2 years, £17,938 in last 3 years, £13,832 in last 4 years and £6,874 in last 5 years.

Currently average asking price of a property in Burgh Lane, Chorley, PR7 is around £210,704 based on approximately 0 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 Burgh Lane, Chorley, PR7 is £235,464. Average asking price is £210,704 while average price paid is £257,487 which is up by £17,938 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 Burgh Lane, Chorley, PR7 area. In last 3 years alone average price buyer paid is around £257,487 based on approximately 4 sales in Burgh Lane, Chorley, PR7 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £215,991. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £209,868 for 8 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 Burgh Lane, 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 Burgh Lane, Chorley, PR7 area.

Popular Houses in Burgh Lane, 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 Burgh Lane, Chorley, PR7