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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, Natures Way, Preston is a modern freehold house with 968 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Natures Way, Preston is £243,581 and the estimated rental value is £1,070 per month.
Natures Way, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
2, Natures Way, Preston has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Natures Way, Preston is in very good condition we estimate a sale value of £255,760 and a rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,531 and a rental value of £995 per month.
Over the last 12 months the sale value of 2 Natures Way Preston has increased by an estimated £5,746 (2.4%) and its rental value has increased by an estimated £48 per month (4.5%), giving an expected gross yield of 5.3%.
2, Natures Way, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Natures Way, Preston was last sold on 30th September 2022 for £224,400 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Natures Way, Preston within a radius of 960 metres over the last 2 years.
The most recent example is 4, Natures Way, Preston, PR1 5BJ, a freehold house which sold for £238,995 on the 26th April 2023.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Natures Way, Preston, PR1 has a total of 8 addresses. According to our analysis of all the public data, 2, Natures Way, Preston is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in PR1.
The closest station to 2, Natures Way, Preston is Preston (Lancs) 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, Natures Way, Preston, 41.1% of property is privately owned outright and 38.3% 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, Natures Way, Preston, 13.0% of residents are recorded as possessing school level qualifications and 20.8% 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, Natures Way, Preston, the average age was 34.8 and the most common age was 32.
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, Natures Way, Preston, 1.4% 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, Natures Way, Preston, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
