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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
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Public records show 2, Chandlers Way, Preston to be a modern freehold house with 2,142 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Chandlers Way, Preston has an estimated sale value of £476,882 and an estimated rental value of £1,885 per month, assuming reasonable condition and based on the information available.
Chandlers Way, Grimsargh, Preston, PR2 lies in the borough of Preston, within the PR2 postal district.
2, Chandlers Way, Preston has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 2, Chandlers Way, Preston would be worth £500,726, with a potential rental value of £1,980 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £443,501, with a rental value of £1,753 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Chandlers Way, Preston has declined by £5,342 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £47 (2.5%). The property's estimated gross yield is currently 4.7%.
2, Chandlers Way, Preston has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 26 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
2, Chandlers Way, Preston last changed hands on 25th November 2022, selling for £529,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 18.4% since November 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 2, Chandlers Way, Preston across the last 2 years.
Most recently, 7, Appledale Drive, Preston, PR2 5EA, a freehold house, sold at £524,500 on the 6th January 2025.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Chandlers Way, Preston as the 2nd largest and the 2nd most expensive of the 56 addresses on Chandlers Way, Grimsargh, Preston, PR2.
Against the PR2 postcode district average, it is £276k more expensive than the typical property.
Preston (Lancs) station is the nearest stop to 2, Chandlers Way, Preston at 6.9 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Chandlers Way, Preston, 45.4% of property is privately owned with a mortgage and 43.1% is privately owned outright.
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 2, Chandlers Way, Preston, 23.7% of residents are recorded as possessing school level qualifications and 38.6% 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 2, Chandlers Way, Preston, the average age was 42.8 and the most common age was 52.
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 2, Chandlers Way, Preston, 1.5% 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 2, Chandlers Way, Preston, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
