Area Guide For Chorley

Chorley is a business/market Town located in Lancashire. It is the biggest settlement inside the borough of Chorley. It is Located 8.1 miles north of Wigan. Majority of Chorley wealth came from the cotton industry; however it was a major market due location compare to four of Lancashire towns. As 1970s the skyline had been dominated by many factories chimneys but most is demolished. Chorley town centre is a outstanding shopping facilities compared to others in Chorley town. It has played a huge role in the new market walk development plan with Chorley council buying A New Shopping centre worth £23 million and that could create 200 jobs in the area.


Chorley Map

Estimated Price: £172,213
Average Asking Price: £218,728
Price change in last one year: £3,204
Average Price Paid: £164,855
Average Rent Rates: £745


Property Prices Breakdown in Chorley

Average Price for property in Chorley is around £172,213 which varies based on type of property you are interested in and ranges from £259,148 for detached house to around £147,870 for semi-detached. Similarly terraced house is around £114,613 and a flat is worth £108,513. Values have been changing and have risen £984 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £996 in last 6 months, £3,204 in last 1 year, £9,268 in last 2 years, £13,253 in last 3 years, £8,404 in last 4 years and £8,046 in last 5 years.

Currently average asking price of a property in Chorley is around £218,728 based on approximately 1,388 properties for sale. Same is the case with rental options based on 169 properties up for rent, average asking rent is around £745 per month.

Estimated property value in Chorley is £172,213. Average asking price is £218,728 while average price paid is £167,762 which is up by £3,204 and Avg. asking rent £745.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 Chorley area. In last 1 year alone average price buyer paid is around £167,762 based on approximately 1,388 sales in Chorley area alone. If you compare it to last 3 years sales of 4,199 properties where buyers paid around £167,223. 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 £164,855 for 6,815 and average amount paid for purchase of approx. 9,005 properties sold in last 7 years comes to about £164,086 per sale.


Properties For Sale in Chorley


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 £100,067, £129,258 for a 2 bedroom house, £163,298 for a 3 bedroom house, £286,135 for a 4 bedroom house and £409,865 for a 5 bedroom house. For a flat similarly the prices varies from £75,417 for a single bedroom to £99,797 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £83,483. To sum up the asking prices for properties in Chorley it comes to around average £80,894 for 1 bedroom property, £122,172 for 2 bedroom, £162,685 for 3 bedroom, £286,135 for 4 bedroom and £409,865 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 £497 for 2 bedrooms, £596 for 3 bedrooms, £1,011 for 4 bedrooms and £1,317 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £379. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £474. You should be generally be expecting around average £388 rent per month for single bedroom property, £485 for 2 bedroom, £596 for 3 bedroom, £1,011 for 4 bedroom and approximately £1,317 for a 5 bedroom property in Chorley area.

Popular Houses in Chorley

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.

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