Average Rent, House Prices and Buy-to-Let Yield in Chorley (July 2026)
The average private rent in Chorley is £792 a month (ONS, July 2026) and the average house price £212,647 (HM Land Registry, June 2026): a gross yield of 4.5%, ranked 155 of 316 local authorities.
Rent in Chorley
The average private rent across all property types is £792 a month (+7.0% on a year earlier). The regional median in the North West is £816.
| Property | Per month | Per year |
|---|---|---|
| 1 bedroom | £594 | £7,128 a year |
| 2 bedrooms | £758 | £9,096 a year |
| 3 bedrooms | £897 | £10,764 a year |
| 4+ bedrooms | £1,321 | £15,852 a year |
The bedroom ladder in Chorley: one to two bedrooms adds 27.6% to the rent, two to three adds 18.3% and three to four-plus adds 47.3% (England-and-Wales medians 27.3%, 20.9% and 40.9%). The biggest step here is three to four or more bedrooms — the size where an extra room earns most, and the first place to look when comparing a conversion against its cost.
House prices in Chorley
The average price paid is £212,647 (+3.7% on a year earlier).
| Type | Average price |
|---|---|
| Detached | £340,471 |
| Semi-detached | £211,292 |
| Terraced | £169,344 |
| Flat | £116,426 |
Rents are outrunning prices in Chorley. Rents moved +7% over the year against +3.7% for prices — a gap of 3.3 points that lifts the gross yield a buyer sees today. Chorley ranks 35th of 316 local authorities for rent growth and 122nd of 316 for price growth; the England-and-Wales medians are +3.8% and +2.8%.
Gross yield by property type in Chorley
| Type | Rent / month | Average price | Gross yield | E&W median |
|---|---|---|---|---|
| Flat | £758 | £116,426 | 7.8% | 7.5% |
| Terraced house | £897 | £169,344 | 6.4% | 5.7% |
| Semi-detached | £897 | £211,292 | 5.1% | 4.6% |
| Detached | £1,321 | £340,471 | 4.7% | 4.1% |
On these pairings the strongest gross yield in Chorley is on flats at 7.8%, against an England-and-Wales median of 7.5% for that type; the weakest is detached. Gross figures ignore service charges, which usually make flats the thinnest net yield of the four.
What that means for a landlord
- Gross yield 4.5% (rent × 12 ÷ price) — rank 155 of 316 local authorities; the regional median is 4.9%. Net yield is lower once mortgage interest, insurance, maintenance and voids come off.
- Tenant affordability: referencing at 30× means a household income of about £23,760 a year for the average rent.
- EPC before 2030: 32% of EPCs lodged in Chorley over the last year were below band C — the level a rented home needs by 1 October 2030 — with 28% at D (EPC ratings in Chorley).
- Council tax: Band D in Chorley is £2,430 for 2026/27, and the council charges a 100% second-home premium (council tax in Chorley).
Lender maths on the averages. At a 5.5% stress rate and 145% rent cover — the common buy-to-let convention — the average rent of £792 supports a loan of about £119,172, which is 56% of the average price. That falls short of 75% loan-to-value, so a buyer of an average home here needs a larger deposit or a stronger rent to pass the stress test. Both numbers are conventions rather than rules — change them in the stress test.
Run the numbers for Chorley
- Yield calculator with £212,647 and £792 already filled in
- Mortgage stress test at 75% LTV on the average price
- Rent affordability: the income a tenant needs to reference at £792 a month
- Rental income tax on £9,504 a year of rent
Nearest neighbours by yield, in the North West
| Area | Rent | Price | Yield | Rent 12m |
|---|---|---|---|---|
| Wyre | £737 | £193,024 | 4.6% | +6.6% |
| Wigan | £745 | £195,557 | 4.6% | +6.9% |
| South Ribble | £800 | £211,854 | 4.5% | +5.3% |
| Fylde | £866 | £233,647 | 4.4% | +5.5% |
| Cheshire West and Chester | £986 | £269,039 | 4.4% | +6% |
| Stockport | £1,111 | £314,495 | 4.2% | +5.1% |
All 316 areas ranked · council tax in Chorley · EPC ratings in Chorley.
Rents: ONS, Price Index of Private Rents (average monthly private rent by local authority, July 2026). Prices: HM Land Registry UK House Price Index (average price, June 2026). Gross yield = rent × 12 ÷ price, our calculation. Contains public sector information licensed under the Open Government Licence v3.0; contains HM Land Registry data © Crown copyright and database right 2026. Rankings and medians are ours, across 316 local authorities.
Asked about this area
£792 a month across all property types (ONS Price Index of Private Rents, July 2026), up 7.0% on a year earlier.
£212,647 (HM Land Registry UK House Price Index, June 2026).
About 4.5% gross on the averages — £792 rent against a £212,647 price — ranking 155 of 316 local authorities. Net yield depends on your mortgage and costs.
Flats on our pairing: 7.8% gross (£758 rent on a £116,426 price), against an England-and-Wales median of 7.5% for that type.
Rents +7% against prices +3.7% over the year — rents ahead, so yield is rising for a buyer today.
Referencing at 30 times the monthly rent points to roughly £23,760 a year of household income for the average home; the affordability calculator shows 24× and 36× too.
Postcode districts in Chorley
Council tax bands, sold prices and build periods for each district — all PR postcodes.