# PR7 7LT Area Summary
The PR7 7LT postcode covers part of Chorley, Lancashire, and represents an exceptionally affordable segment of the local property market. With an average property price of just £73,305 across 59 properties, this area sits well below both regional and national averages, indicating a market dominated by retirement flats, leasehold apartments, or properties requiring renovation.
This pricing level is notably unusual for standard residential properties in the North West and suggests the stock comprises primarily purpose-built retirement accommodation or smaller flat conversions. For buyers seeking entry-level opportunities or investors targeting the rental market, PR7 7LT offers significant affordability. However, the low average price warrants careful investigation into property types, lease terms, and service charges, which can significantly impact overall value in developments at this price point. The area provides budget-conscious buyers access to Chorley's amenities whilst maintaining competitive pricing rarely found in conventional family housing markets.
The average house price in PR7 7LT, Chorley is £73,305. Prices range from £62,500 to £199,995.
There are 59 properties in PR7 7LT, Chorley.
PR7 7LT contains 51 terraced properties, 4 semi-detached properties, 2 other properties, 1 detached properties.
Average house prices in PR7 7LT have fallen by 11.7% from £77,132 in 2018 to £68,100 in 2019.
PR7 7LT is located in Chorley, Lancashire, England.