Property trends for PR25

    PR25 covers parts of the Chorley area in Lancashire, situated in the North West of England. It is a residential district with a mixed suburban character, offering accessible family living.

    At a Glance

    Average Property Price - PR25

    £233,726

    22

    National percentile

    Average Monthly Rent - PR

    £796

    21

    National percentile

    Average Net Household Income - PR25

    £35,432

    34

    National percentile

    Flat / Maisonette Yield - PR

    6.0%

    77

    National percentile

    10-Year Annualised Price Growth - PR25

    3.6%

    53

    National percentile

    10-Year Annualised Rent Growth - PR

    3.5%

    25

    National percentile

    Property Price & Volume Trends

    The average property price in PR25 is £234,000, placing it below the national average—among the cheaper quarters of the market. Over the past decade, prices have grown at 3.6% annually, broadly in line with national trends. Transaction activity has declined recently, with 474 sales in the latest full year compared to a 10-year average of 621, suggesting a softening in market momentum.

    Rent & Yield Trends

    Average monthly rent stands at £796, placing the area in the cheaper quarter nationally for rental costs. Rental growth over ten years has been 3.5% per annum, slightly below the national average pace. The flat yield has improved to 6.0% in the latest year from a 10-year average of 5.2%, indicating that rental income relative to property values is now more attractive than historically.

    Income & Affordability Trends

    Average household income is £35,432, modestly below the national average. The price-to-income ratio has risen to 6.2x from 5.8x in 2016, meaning properties are now less affordable relative to earnings than they were eight years ago. Rental affordability has held steady, with rent consuming 22.8% of household income compared to 23% in 2016, indicating tenancy costs remain proportionally stable.

    Resident Demographic Profile

    The age profile is notably weighted towards mid-to-older residents, with those aged 35–49 and 50–64 each representing around 20% of the population—above national averages. The young adult cohort aged 16–24 is notably underrepresented at 9.2% versus the national 11%. Housing tenure is marked by a strong prevalence of mortgage ownership at 37.5%, well above the 27% national figure, suggesting a population of working-age homebuyers. Employment is weighted towards technical roles at 14% and skilled trades at 11%, both above national norms, reflecting a workforce with practical and engineering-oriented skills.

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