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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Reed Crescent, Preston is a modern freehold house with 1,496 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Reed Crescent, Preston is £384,734 and the estimated rental value is £1,351 per month.
Reed Crescent, Grimsargh, Preston, PR2 is located in the borough of Preston within the PR2 postal district.
2, Reed Crescent, Preston has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated July 2023.
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, Reed Crescent, Preston is in very good condition we estimate a sale value of £403,970 and a rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,802 and a rental value of £1,257 per month.
Over the last 12 months the sale value of 2 Reed Crescent Preston has increased by an estimated £5,667 (1.5%) and its rental value has increased by an estimated £40 per month (3.0%), giving an expected gross yield of 4.2%.
2, Reed Crescent, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jul 2023.
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, Reed Crescent, Preston was last sold on 22nd March 2024 for £374,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has dropped 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reed Crescent, Preston within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 108, Moss Nook Drive, Preston, PR2 5TX, a freehold house which sold for £384,995 on the 12th December 2024.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Crescent, Grimsargh, Preston, PR2 has a total of 25 addresses. According to our analysis of all the public data, 2, Reed Crescent, Preston is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in PR2.
The closest station to 2, Reed Crescent, Preston is Preston (Lancs) station which is 7.2 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, Reed Crescent, Preston, 43.3% of property is privately owned with a mortgage and 40.9% is privately owned outright.
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, Reed Crescent, Preston, 22.5% of residents are recorded as possessing school level qualifications and 45.9% 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, Reed Crescent, Preston, the average age was 42.8 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, Reed Crescent, Preston, 1.2% 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, Reed Crescent, Preston, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
