2, Millbrook Way
2, Millbrook Way
Description & Estimates
According to the public record, 2, Millbrook Way, Preston is a mid-century leasehold house with 2,174 ft2 of internal area and sits on a 2,249 m2 plot.
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, Millbrook Way, Preston is £393,883 and the estimated rental value is £1,557 per month.
Millbrook Way, Penwortham, Preston, PR1 is located in the borough of South Ribble within the PR1 postal district.
Our Data Sources
2, Millbrook Way, Preston has 2 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated October 2015.
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.
Price Range & Condition
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, Millbrook Way, Preston is in very good condition we estimate a sale value of £413,577 and a rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,311 and a rental value of £1,448 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Millbrook Way, Preston has moved down by £4,548 (1.2%), while its estimated rental value has increased by £34 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Plot Size
According to data from HM Land Registry, 2, Millbrook Way, Preston sits on a plot of 2,249 m2.
Energy Efficiency
2, Millbrook Way, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Millbrook Way, Preston was last sold on 27th September 2011 for £319,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since September 2011, the market for similar properties has dropped by 14.0%.
- Sold Sep 2011£319,000
- Sold Jun 2008£370,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Millbrook Way, Preston within a radius of 760 metres over the last 2 years.
The most recent example is 3, Acorn Close, Preston, PR1 0UQ, a freehold house which sold for £360,000 on the 26th September 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Millbrook Way, Penwortham, Preston, PR1 has a total of 2 addresses. According to our analysis of all the public data, 2, Millbrook Way, Preston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £230k more expensive than the average property in PR1.
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Schools Nearby
- 400mPenwortham Broad Oak Primary School
- 700mCop Lane Church of England Primary School, Penwortham
- 900mWhitefield Primary School
- 700mAll Hallows Catholic High School
- 1.3kmPenwortham Girls' High School
- 1.7kmPenwortham Priory Academy
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Public Transport Nearby
The closest station to 2, Millbrook Way, Preston is Preston (Lancs) station, which is 2.8 kilometres away.
- 2.8kmPreston (Lancs)
- 3.2kmLostock Hall
- 4.7kmBamber Bridge
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
