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According to the public record, 2, Hey End, Preston is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hey End, Preston is £93,749 and the estimated rental value is £454 per month.
The apartment is within 2, Hey End, New Longton, Preston, PR4.
Hey End, New Longton, Preston, PR4 is located in the borough of South Ribble within the PR4 postal district.
2, Hey End, Preston has a single entry in the Land Registry from February 2013 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Hey End, Preston is in very good condition we estimate a sale value of £98,437 and a rental value of £477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,187 and a rental value of £423 per month.
Over the last 12 months the sale value of 2 Hey End Preston has increased by an estimated £87 (0.1%) and its rental value has increased by an estimated £13 per month (2.8%), giving an expected gross yield of 5.8%.
2, Hey End, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Hey End, Preston was last sold on 22nd February 2013 for £63,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2013, the market for similar properties has risen 50.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Hey End, Preston within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 2A, Hey End, Preston, PR4 4YH, a leasehold flat which sold for £72,000 on the 26th November 2010.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hey End, New Longton, Preston, PR4 has a total of 3 addresses. According to our analysis of all the public data, 2, Hey End, Preston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in PR4.
The closest station to 2, Hey End, Preston is Lostock Hall station which is 3.9 kilometres away.
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 2, Hey End, Preston, 43.8% of property is privately owned outright and 43.0% 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 2, Hey End, Preston, 21.1% of residents are recorded as possessing school level qualifications and 46.8% 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, Hey End, Preston, the average age was 46.2 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 2, Hey End, 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 2, Hey End, 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.