House Prices in Chorley, Lancashire

# Chorley Property Market Summary

Chorley's property market demonstrates notable volatility, with an average property price of £160,500 across its substantial stock of over 30,000 properties. The market has experienced considerable fluctuation in recent years, showing a general upward trajectory from £239,846 in 2017 to a peak of £427,868 in 2025, though this latest figure is based on limited transaction data (624 sales). The most dramatic increase occurred between 2022 and 2023, when average prices jumped from £287,574 to £363,959, representing significant appreciation in a single year.

Transaction volumes tell an interesting story about market activity, with sales declining from a high of 1,688 in 2018 to just 880 in 2023, before rebounding strongly to 1,773 in 2024. This suggests the market may have experienced a cooling period during peak price growth, with affordability potentially constraining buyer activity. Chorley offers relatively affordable property compared to many UK locations, making it an accessible option for first-time buyers and families seeking value in the North West. The borough's mix of over 30,000 properties indicates a well-established residential area with diverse housing stock serving a broad demographic.