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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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238, Manchester Road, Preston is recorded publicly as a period freehold house across 1,162 ft2 of internal area, sitting on a 99.9 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 238, Manchester Road, Preston is £145,045 and its rental estimate is £812 per month, given the available information and assuming reasonable condition.
Manchester Road, Preston, PR1 falls within the PR1 postal district, in the borough of Preston.
238, Manchester Road, Preston has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 238, Manchester Road, Preston, we estimate a market value of £152,297 and a rental value of £853 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,892 and £756 per month respectively.
Over the last year, 238, Manchester Road, Preston has seen its estimated sale value drop by £634 (0.4%) and its estimated rental value rise by £22 per month (2.8%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 238, Manchester Road, Preston as measuring 100 m2.
That makes it the 11th largest plot in the postcode, where 28 of the 38 other houses have recorded plot data.
238, Manchester Road, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 238, Manchester Road, Preston completed on 20th October 2022 at £127,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.8% over the period since October 2022.
Over the past 2 years 3 properties similar to 238, Manchester Road, Preston have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2024, was 26, Brixton Road, Preston, PR1 4NR, a freehold house which sold for £100,000.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 107 addresses on Manchester Road, Preston, PR1, 238, Manchester Road, Preston comes out as the 33rd largest and the 35th most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the PR1 district.
From 238, Manchester Road, Preston, the nearest station is Preston (Lancs), 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 238, Manchester Road, Preston, 39.6% of property is privately owned outright and 27.4% 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 238, Manchester Road, Preston, 32.9% of residents are recorded as possessing school level qualifications and 25.3% 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 238, Manchester Road, 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 238, Manchester Road, Preston, 0.0% 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 238, Manchester Road, Preston, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
