Housing Market Analysis for SOMERSET AVENUE, PR7 1RD

Are you looking to understand PR7 1RD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Chorley postcode.

For the location information and nearby amenities in the PR7 1RD area, explore the PR7 1RD Area information page.
For comprehensive crime statistics in the PR7 1RD area, explore the PR7 1RD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PR7 1RD postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £124,018 median price is £135,000 Standard Deviation is £50,543 with Total Sold: 15
- The Last 5 Year average price is £214,632 with Total Sold: 2
- The most recent sale happened at this postcode is 14 SOMERSET AVENUE: £219,265 (Sold on 10 Nov 2021)
- The first recorded sale happened at this postcode is 14 SOMERSET AVENUE: £57,000 (Sold on 20 Dec 1995)
Terraced
- The average price is around £104,000 median price is £104,000 Standard Deviation is £64,000 with Total Sold: 2
- The most recent sale happened at this postcode is 7 SOMERSET AVENUE: £168,000 (Sold on 15 Apr 2005)
- The first recorded sale happened at this postcode is 9 SOMERSET AVENUE: £40,000 (Sold on 12 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PR7 1RD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£219,265	£2,520	1
2020	£210,000	£2,165	1
2019	£150,000	£1,724	1
2017	£141,000	£1,586	2
2016	£135,000	£1,517	1
2011	£122,500	£1,205	2
2008	£160,000		1
2005	£140,000	£1,609	1
2002	£77,500	£873	2
2000	£55,000	£567	1
1996	£52,000	£571	1
1995	£57,000	£655	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£168,000		1
1995	£40,000		1

All the Sales in the SOMERSET AVENUE, PR7 1RD

See the table below for more details on the sold house prices in the PR7 1RD, Chorley postcode.

Address	Sold Date	Price	% Change
14 SOMERSET AVENUESemi-Detached, LeaseholdArea: 87 Sq.mtrAge: 1900-1929	10 Nov 2021	£219,265	51.22%
	22 Mar 2017	£145,001	70.59%
	25 Feb 2002	£85,000	49.12%
	20 Dec 1995	£57,000	First Sale
3 SOMERSET AVENUESemi-Detached, LeaseholdArea: 97 Sq.mtrAge: 1930-1949	20 Jul 2020	£210,000	281.82%
	25 Aug 2000	£55,000	First Sale
4 SOMERSET AVENUESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	05 Jul 2019	£150,000	7.14%
	29 Jun 2005	£140,000	First Sale
2 SOMERSET AVENUESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1900-1929	17 Jul 2017	£137,000	95.71%
	17 Apr 2002	£70,000	34.62%
	28 Jun 1996	£52,000	First Sale
6 SOMERSET AVENUESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	20 Jun 2016	£135,000	First Sale
1 SOMERSET AVENUESemi-Detached, LeaseholdArea: 123.3 Sq.mtrAge: 1930-1949	16 Dec 2011	£120,000	First Sale
8 SOMERSET AVENUESemi-Detached, LeaseholdArea: 87 Sq.mtrAge: 1930-1949	16 Aug 2011	£125,000	First Sale
16 SOMERSET AVENUESemi-Detached, Leasehold	11 Jan 2008	£160,000	First Sale
7 SOMERSET AVENUETerraced, Leasehold	15 Apr 2005	£168,000	First Sale
9 SOMERSET AVENUETerraced, Leasehold	12 Jun 1995	£40,000	First Sale

Check out the sold house prices near the PR7 1RD postcode. Properties currently for saleProperties currently for rent

SOMERSET AVENUE, PR7 1RD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PR7 1RD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PR7 1RD postcode.

Terraced
- The average price is around £80,101 median price is £75,000 Standard Deviation is £50,700 with Total Sold: 988
- The Last 5 Year average price is £128,936 with Total Sold: 124
- The most recent sale happened at this postcode is , 21 WATER STREET: £112,500 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 14 TRAFALGAR STREET: £16,400 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £123,760 median price is £119,972 Standard Deviation is £63,997 with Total Sold: 712
- The Last 5 Year average price is £201,553 with Total Sold: 97
- The most recent sale happened at this postcode is , 83 PARK ROAD: £200,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 18 PARKSIDE AVENUE: £53,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £78,986 median price is £80,000 Standard Deviation is £25,770 with Total Sold: 179
- The Last 5 Year average price is £93,150 with Total Sold: 15
- The most recent sale happened at this postcode is FLAT 11, 10 PARK ROAD: £64,995 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 66 DEERFOLD: £29,000 (Sold on 16 Aug 1995)
Detached
- The average price is around £174,369 median price is £167,000 Standard Deviation is £88,684 with Total Sold: 279
- The Last 5 Year average price is £271,027 with Total Sold: 49
- The most recent sale happened at this postcode is , 3 ST MICHAELS CLOSE: £267,500 (Sold on 23 Jul 2024)
- The first recorded sale happened at this postcode is , 6 DEERFOLD: £24,980 (Sold on 26 Jan 1995)
Other
- The average price is around £578,692 median price is £250,000 Standard Deviation is £1,232,522 with Total Sold: 57
- The Last 5 Year average price is £533,053 with Total Sold: 28
- The most recent sale happened at this postcode is , APPLEJACKS BACK MOUNT STREET: £206,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , THE OAKS, 69 PRESTON ROAD: £368,500 (Sold on 21 Aug 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£125,782	£1,423	11
2023	£137,134	£1,621	20
2022	£126,424	£1,559	43
2021	£138,495	£1,400	31
2020	£112,223	£1,279	19
2019	£108,101	£1,235	40
2018	£102,835	£1,204	27
2017	£89,062	£1,145	33
2016	£97,228	£1,160	30
2015	£101,700	£1,273	20
2014	£83,295	£1,110	26
2013	£77,782	£1,137	17
2012	£88,067	£1,036	18
2011	£88,280	£1,187	20
2010	£105,095	£1,209	10
2009	£131,604	£891	16
2008	£113,197	£1,268	36
2007	£119,736	£1,386	32
2006	£99,705	£1,267	51
2005	£101,024	£1,160	43
2004	£77,837	£932	53
2003	£65,344	£988	44
2002	£49,765	£619	73
2001	£38,355	£511	55
2000	£46,957	£523	48
1999	£37,774	£444	42
1998	£34,050	£433	41
1997	£31,554	£416	39
1996	£30,263	£372	24
1995	£34,365	£380	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,206	£1,223	8
2023	£232,273	£2,696	22
2022	£205,893	£2,656	15
2021	£188,869	£2,293	37
2020	£184,163	£2,060	15
2019	£188,939	£2,075	22
2018	£154,614	£1,882	21
2017	£160,369	£1,784	21
2016	£128,966	£1,734	16
2015	£139,798	£1,757	24
2014	£147,881	£1,680	13
2013	£130,007	£1,518	13
2012	£135,750	£1,653	17
2011	£131,533	£1,606	15
2010	£145,758	£1,628	19
2009	£169,139	£1,618	14
2008	£157,634	£1,763	23
2007	£158,124	£1,690	27
2006	£154,246	£1,718	35
2005	£134,650	£1,582	31
2004	£130,202	£1,540	22
2003	£101,479	£1,212	39
2002	£79,979	£941	38
2001	£66,036	£730	39
2000	£59,741	£790	45
1999	£55,155	£692	43
1998	£60,468	£604	19
1997	£57,430	£635	23
1996	£54,344	£582	18
1995	£51,853	£740	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£64,995		1
2023	£86,950	£1,462	4
2022	£97,750		2
2021	£104,800	£1,643	5
2020	£88,317	£1,584	3
2019	£86,214	£1,113	7
2018	£87,700	£1,738	50
2017	£62,500	£1,557	4
2016	£60,889	£1,692	9
2014	£86,500	£1,441	2
2010	£74,464	£1,867	14
2007	£91,682	£2,647	49
2006	£54,333	£1,654	3
2005	£58,500	£1,841	2
2004	£42,000	£1,743	1
2003	£48,750	£1,085	4
2002	£40,900	£825	6
2001	£44,300	£1,026	3
2000	£50,962	£751	4
1998	£16,400	£558	2
1997	£26,935		2
1996	£32,000		1
1995	£29,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,440	£2,993	5
2023	£321,357	£3,047	7
2022	£333,913	£2,898	6
2021	£245,807	£2,870	13
2020	£254,982	£2,475	18
2019	£197,500	£2,194	11
2018	£199,200	£2,339	10
2017	£230,000	£2,455	7
2016	£231,000	£2,000	13
2015	£241,100	£2,209	7
2014	£160,167	£2,126	6
2013	£180,750	£1,889	4
2012	£187,375	£1,698	8
2011	£222,242	£1,921	6
2010	£202,500	£1,319	1
2009	£143,333	£1,593	3
2008	£184,000	£1,937	7
2007	£192,011	£2,073	12
2006	£204,867	£1,676	12
2005	£190,494	£1,612	8
2004	£154,500	£1,622	4
2003	£158,215	£1,675	24
2002	£125,242	£1,306	6
2001	£90,627	£1,065	11
2000	£91,125	£835	22
1999	£82,469	£879	13
1998	£97,280	£879	10
1997	£86,841	£851	11
1996	£75,500	£848	8
1995	£67,913	£406	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,500		4
2023	£570,938		8
2022	£801,176	£9	7
2021	£252,522	£8	6
2020	£689,536	£7,299	3
2019	£258,254	£916	5
2018	£226,250		4
2017	£1,056,451	£573	10
2016	£304,200	£3,797	5
2015	£222,500	£4,714	2
2014	£1,482,358	£1,352	2
2013	£368,500		1

House Type in PR7 1RD area

The most common house types in the PR7 1RD postcode area are Semi-detached (76), Detached (42), and Terraced (1).

Total	119
Semi-detached	76
Detached	42
Terraced	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	68
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	5
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PR7 1RD have 2 people in household (42), and 1 person in household (36).

2 people in household	42
1 person in household	36
3 people in household	20
4 people in household	11
5 people in household	10
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0