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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, Parr Way, Preston is a modern freehold house with 893 ft2 of internal area and sits on a 242 m2 plot.
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, Parr Way, Preston is £250,178 and the estimated rental value is £1,283 per month.
Parr Way, Longridge, Preston, PR3 is located in the borough of Ribble Valley within the PR3 postal district.
2, Parr Way, Preston has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated August 2021.
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, Parr Way, Preston is in very good condition we estimate a sale value of £262,687 and a rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,665 and a rental value of £1,194 per month.
Over the last 12 months the sale value of 2 Parr Way Preston has decreased by an estimated £99 (0.0%) and its rental value has increased by an estimated £44 per month (3.4%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 2, Parr Way, Preston sits on a plot of 242m2.
We have plot size data on 4 out of 13 other houses in the postcode and 2, Parr Way, Preston sits on the 2nd largest plot.
2, Parr Way, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2021.
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, Parr Way, Preston was last sold on 12th November 2021 for £249,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen 25.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Parr Way, Preston within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 8, Alston Meadows, Preston, PR3 3DA, a freehold house which sold for £218,000 on the 9th August 2024.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parr Way, Longridge, Preston, PR3 has a total of 13 addresses. According to our analysis of all the public data, 2, Parr Way, Preston is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in PR3.
The closest station to 2, Parr Way, Preston is Preston (Lancs) station which is 9.4 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, Parr Way, Preston, 51.6% of property is privately owned outright and 36.1% 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, Parr Way, Preston, 13.3% of residents are recorded as possessing school level qualifications and 32.3% 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, Parr Way, Preston, the average age was 43.8 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, Parr 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, Parr Way, 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.
