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According to the public record, 12, Reed Field, Preston is a mid-century freehold house with 1,162 ft2 of internal area and sits on a 503 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Reed Field, Preston is £278,557 and the estimated rental value is £1,189 per month.
Reed Field, Bamber Bridge, Preston, PR5 is located in the borough of Chorley within the PR5 postal district.
12, Reed Field, Preston has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 12, Reed Field, Preston is in very good condition we estimate a sale value of £292,485 and a rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,058 and a rental value of £1,106 per month.
Over the last 12 months the sale value of 12 Reed Field Preston has decreased by an estimated £3,086 (1.1%) and its rental value has increased by an estimated £31 per month (2.6%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 12, Reed Field, Preston sits on a plot of 503m2.
We have plot size data on 23 out of 23 other houses in the postcode and 12, Reed Field, Preston sits on the 4th largest plot.
12, Reed Field, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Reed Field, Preston was last sold on 28th January 2022 for £228,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Reed Field, Preston within a radius of 720 metres over the last 2 years.
The most recent example is 2, Reed Field, Preston, PR5 8HT, a freehold house which sold for £239,950 on the 12th April 2022.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Field, Bamber Bridge, Preston, PR5 has a total of 23 addresses. According to our analysis of all the public data, 12, Reed Field, Preston is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in PR5.
The closest station to 12, Reed Field, Preston is Bamber Bridge station which is 2.5 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Reed Field, Preston, 48.3% of property is privately owned outright and 36.4% 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 12, Reed Field, Preston, 11.6% of residents are recorded as possessing school level qualifications and 37.2% 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 12, Reed Field, Preston, the average age was 41.2 and the most common age was 62.
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 12, Reed Field, Preston, 0.6% 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 12, Reed Field, Preston, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
