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Preston Road is a residential street with 16 addresses.
It ranks as the 76th largest and 37th most expensive of the 153 streets in the PO35 area. The dominant property type is a modern house built after 1980.
The street contains a total of 16 properties: 16 houses.
Preston Road is a residential street with 16 addresses.
It ranks as the 76th largest and 37th most expensive of the 153 streets in the PO35 area. The dominant property type is a modern house built after 1980.
The street contains a total of 16 properties: 16 houses.
Sale prices range from £202,357 for 2 bedroom freehold houses with a garden (413 ft2) to £587,827 for 4 bedroom freehold houses with a garden (1,722 ft2) .
Monthly rental prices range from £1,277 pcm for 2 bed houses to £2,361 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 7.6%.
The average value per square foot is £383.
The last sale on Preston Road sold for £625,000 on 15th October 2024. Since then prices are down an average of 2.1%.
The current average value in the street is £388,673.
The Preston Road Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.8% | £388,673 |
| May 2025 | -0.1% | £395,981 |
| May 2024 | -3.5% | £396,487 |
| May 2023 | 3.6% | £410,827 |
| May 2022 | 14.5% | £396,493 |
| May 2021 | 13% | £346,351 |
| May 2020 | -0.3% | £306,450 |
| May 2019 | 3.5% | £307,246 |
| May 2018 | 11.2% | £296,892 |
| May 2017 | -1.2% | £267,035 |
| May 2016 | 4.9% | £270,145 |
| May 2015 | 2% | £257,645 |
| May 2014 | 5.1% | £252,635 |
| May 2013 | -0.8% | £240,283 |
| May 2012 | -3.6% | £242,221 |
| May 2011 | 0.7% | £251,251 |
| May 2010 | 5.2% | £249,519 |
| May 2009 | -7.6% | £237,104 |
| May 2008 | 4% | £256,575 |
| May 2007 | 0% | £246,657 |
The current average rental value in the street is £1,953.
The Preston Road Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.8% | £1,953pcm |
| May 2025 | 5.6% | £1,863pcm |
| May 2024 | 4.7% | £1,765pcm |
| May 2023 | 6.3% | £1,686pcm |
| May 2022 | 11.5% | £1,586pcm |
| May 2021 | 10.2% | £1,423pcm |
| May 2020 | 0.9% | £1,291pcm |
| May 2019 | 2.9% | £1,279pcm |
| May 2018 | -1.2% | £1,243pcm |
| May 2017 | 1.1% | £1,257pcm |
| May 2016 | 6.8% | £1,244pcm |
| May 2015 | 5.6% | £1,165pcm |
| May 2014 | 1.8% | £1,104pcm |
| May 2013 | 1.6% | £1,085pcm |
| May 2012 | 1.5% | £1,067pcm |
| May 2011 | 2.7% | £1,051pcm |
| May 2010 | 6.2% | £1,024pcm |
| May 2009 | -4.1% | £965pcm |
| May 2008 | 2.9% | £1,006pcm |
| May 2007 | 0% | £978pcm |
The last sale was on 15th October 2024 for £625,000 and since then the market in the area has decreased by 2.1%. The street has had a total of 15 sales since 1995.
Preston Road, Bembridge, PO35 has seen 1 sale in the last three years and no sales in the last twelve months.
Preston Road, Bembridge, PO35 is the 76th largest and the 37th most expensive street in the PO35 area.
There is 1 postcode on Preston Road, Bembridge, PO35.
The closest station to Preston Road, Bembridge, PO35 is Brading station which is 3.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Preston Road, Bembridge, PO35, 55.9% of property is privately owned outright and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Preston Road, Bembridge, PO35, 14.4% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Preston Road, Bembridge, PO35, the average age was 54.4 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Preston Road, Bembridge, PO35, 0.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Preston Road, Bembridge, PO35, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.