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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 11, Wedge Close, Preston is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 708 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Wedge Close, Preston is £175,315 and the estimated rental value is £1,050 per month.
Wedge Close, Ingol, Preston, PR2 is located in the borough of Preston within the PR2 postal district.
11, Wedge Close, Preston has a single entry in the Land Registry from November 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11, Wedge Close, Preston is in very good condition we estimate a sale value of £184,080 and a rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,043 and a rental value of £976 per month.
Over the last 12 months the sale value of 11 Wedge Close Preston has increased by an estimated £3,877 (2.2%) and its rental value has increased by an estimated £42 per month (4.0%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 11, Wedge Close, Preston was last sold on 25th November 2022 for £119,996 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 52.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Wedge Close, Preston within a radius of 720 metres over the last 2 years.
The most recent example is 16, Wedge Close, Preston, PR2 7FP, a freehold house which sold for £147,996 on the 18th November 2022.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wedge Close, Ingol, Preston, PR2 has a total of 17 addresses. According to our analysis of all the public data, 11, Wedge Close, Preston is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in PR2.
The closest station to 11, Wedge Close, Preston is Preston (Lancs) station which is 3.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 11, Wedge Close, Preston, 57.0% of property is privately owned outright and 38.0% is privately owned with a mortgage.
The graph below shows how this compares to North West 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 11, Wedge Close, Preston, 14.6% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Wedge Close, Preston, the average age was 41.5 and the most common age was 57.
The graph below shows how this compares to North West 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 11, Wedge Close, Preston, 1.4% of property was a second home.
Comparison figures for North West 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 11, Wedge Close, Preston, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
