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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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According to the public record, 2, Malcolms Place, Preston is a modern freehold house with 1,883 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Malcolms Place, Preston is £601,409 and the estimated rental value is £1,878 per month.
Malcolms Place, Wrea Green, Preston, PR4 is located in the borough of Fylde within the PR4 postal district.
2, Malcolms Place, Preston has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Malcolms Place, Preston is in very good condition we estimate a sale value of £631,479 and a rental value of £1,972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £559,310 and a rental value of £1,746 per month.
Over the last 12 months the sale value of 2 Malcolms Place Preston has decreased by an estimated £5,155 (0.9%) and its rental value has increased by an estimated £29 per month (1.5%), giving an expected gross yield of 3.7%.
2, Malcolms Place, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Malcolms Place, Preston was last sold on 4th September 2020 for £489,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Malcolms Place, Preston within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 7, Malcolms Place, Preston, PR4 2FG, a freehold house which sold for £590,000 on the 16th January 2023.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malcolms Place, Wrea Green, Preston, PR4 has a total of 8 addresses. According to our analysis of all the public data, 2, Malcolms Place, Preston is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £314k more expensive than the average property in PR4.
The closest station to 2, Malcolms Place, Preston is Kirkham & Wesham station which is 2.0 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, Malcolms Place, Preston, 44.0% of property is privately owned outright and 32.5% 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, Malcolms Place, Preston, 13.3% of residents are recorded as possessing school level qualifications and 43.8% 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, Malcolms Place, Preston, the average age was 42.3 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, Malcolms Place, Preston, 2.4% 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 2, Malcolms Place, Preston, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
