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House Prices in PR7

The average house price in PR7 (Chorley) is £203,809 using HM Land Registry data.

The average property price increased by £40,557 (38.42%) over the last 5 years and increased by £8,127 (5.35%) over the last 12 months.

Over the last year, there were 644 residential property sales – a decrease of 279 transactions (-43.32%) relative to the previous year. The majority of house sales (148) were in the £110,000 - £164,000 range. Then came properties in the £164,000 - £218,000 range, where 148 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,389 (-3%).

In Oct 24, there were 152 new estate agency instructions, 117 agreed home sales and 50 property price reductions.

5-Year Average Property Prices in PR7 (Chorley)

38.42%

Property prices in Chorley increased by 38.42% 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 PR7 (Chorley) Over the Last Year

5.35%

Property prices in Chorley increased by 5.35% 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 PR7 (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 PR7 (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 PR7 (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 PR7 (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 PR7 (Chorley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR7 postcode area since 1995.

Recent Sales in PR7 (Chorley)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
63 Cornwall Avenue, Buckshaw Village, Chorley, Lancashire, PR7 7BG	£115,000	£115,000	£00	23 Jan 2024	22 May 2024	120 Days
17 Cotswold Avenue, Euxton, Chorley, Lancashire, PR7 6NR	£325,000	£320,000	-£5,000	23 Oct 2023	10 May 2024	200 Days
68 Duke Street, Chorley, Lancashire, PR7 3DT	£137,500	£137,500	£00	29 Nov 2023	09 May 2024	162 Days
95 Durham Drive, Buckshaw Village, Chorley, Lancashire, PR7 7AY	£182,000	£180,000	-£2,000	09 Apr 2024	07 May 2024	28 Days
1 Lydd Grove, Chorley, Lancashire, PR7 2QQ	£230,000	£230,000	£00	27 Dec 2023	03 May 2024	128 Days
19 Hawkshead Avenue, Euxton, Chorley, Lancashire, PR7 6NZ	£299,950	£292,000	-£7,950	07 Jul 2023	02 May 2024	300 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
80 Preston Road, Chorley, Lancashire, PR7 1PT	£159,950	£135,000	-£24,950	25 Sep 2023	22 Apr 2024	210 Days
20 Hannah Court, Buckshaw Village, Chorley, Lancashire, PR7 7AX	£55,000	£55,000	£00	10 Jan 2024	15 Apr 2024	96 Days
64 Weldbank Lane, Chorley, Lancashire, PR7 3NQ	£154,995	£152,000	-£2,995	21 Nov 2023	11 Apr 2024	142 Days
16 Rivington Place, Coppull, Chorley, Lancashire, PR7 5DY	£239,950	£239,950	£00	16 Nov 2023	09 Apr 2024	145 Days
421 Preston Road, Coppull, Chorley, Lancashire, PR7 5HZ	£400,000	£380,000	-£20,000	31 Oct 2023	09 Apr 2024	161 Days
289 Wigan Road, Euxton, Chorley, Lancashire, PR7 6LP	£350,000	£336,000	-£14,000	12 Oct 2023	05 Apr 2024	176 Days
36 The Hawthorns, Eccleston, Chorley, Lancashire, PR7 5QW	£300,000	£300,000	£00	19 Dec 2023	03 Apr 2024	106 Days
42 St Marys Gate, Euxton, Chorley, Lancashire, PR7 6AH	£125,000	£125,000	£00	06 Sep 2023	28 Mar 2024	204 Days
38 Coppull Moor Lane, Coppull, Chorley, Lancashire, PR7 5JH	£139,995	£127,500	-£12,495	12 Oct 2023	28 Mar 2024	168 Days
302 Chapel Lane, Coppull, Chorley, Lancashire, PR7 4LX	£180,000	£172,000	-£8,000	03 Aug 2023	28 Mar 2024	238 Days
28 Draperfield, Chorley, Lancashire, PR7 3PJ	£159,995	£158,000	-£1,995	19 Oct 2023	28 Mar 2024	161 Days
31a, Church Lane, Charnock Richard, Chorley, Lancashire, PR7 3RB	£495,000	£475,000	-£20,000	01 Sep 2023	27 Mar 2024	208 Days

Most Expensive Streets in PR7 (Chorley)

Postcode	Street	Area	Average	No. of Sales
PR7 5PZ	Harrock View, Heskin	Chorley	£904,500	3
PR7 6NL	Balshaw Villa Gardens, Euxton	Chorley	£680,687	4
PR7 6NN	Gleadhill House Gardens, Euxton	Chorley	£580,833	3
PR7 5LH	Preston Road, Charnock Richard	Chorley	£559,166	3
PR7 5RJ	Bradley Lane, Eccleston	Chorley	£548,250	4
PR7 1PQ	Strawberry Fields	Chorley	£536,625	4
PR7 5QH	Meadowlands, Charnock Richard	Chorley	£531,500	3
PR7 5RP	Parr Lane, Eccleston	Chorley	£530,487	4
PR7 7FN	Burghfield Drive, Buckshaw Village	Chorley	£529,100	5
PR7 1UR	Merefield	Chorley	£512,500	6

Least Expensive Streets in PR7 (Chorley)

Postcode	Street	Area	Average	No. of Sales
PR7 5BU	Milton Court, Milton Road	Chorley	£51,166	3
PR7 5FR	Laxton Court, Eccleston	Chorley	£71,166	3
PR7 3ND	Pall Mall	Chorley	£78,874	6
PR7 2DX	Gilbert Street	Chorley	£79,333	3
PR7 2LE	Pall Mall	Chorley	£82,000	3
PR7 2NH	Arnold Place	Chorley	£82,500	4
PR7 7DB	Ayrshire Close, Buckshaw Village	Chorley	£84,571	27
PR7 3AF	Beacon Street	Chorley	£85,666	9
PR7 2WD	Maple House, Denham Wood Close	Chorley	£85,770	12
PR7 1HP	St Thomas's Road	Chorley	£86,375	4