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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, 27, Merrick Avenue, Preston is a mid-century freehold house with 1,496 ft2 of internal area and sits on a 481 m2 plot.
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 27, Merrick Avenue, Preston is £276,534 and the estimated rental value is £1,179 per month.
Merrick Avenue, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
27, Merrick Avenue, Preston has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated February 2021.
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 27, Merrick Avenue, Preston is in very good condition we estimate a sale value of £290,361 and a rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,177 and a rental value of £1,097 per month.
Over the last 12 months the sale value of 27 Merrick Avenue Preston has decreased by an estimated £1,209 (0.4%) and its rental value has increased by an estimated £32 per month (2.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 27, Merrick Avenue, Preston sits on a plot of 481m2.
We have plot size data on 24 out of 28 other houses in the postcode and 27, Merrick Avenue, Preston sits on the largest plot.
27, Merrick Avenue, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 27, Merrick Avenue, Preston was last sold on 19th November 2021 for £228,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Merrick Avenue, Preston within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Mete House Farm, Fishwick Bottoms, Preston, PR2 5AU, a freehold house which sold for £29,117 on the 23rd January 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrick Avenue, Preston, PR1 has a total of 28 addresses. According to our analysis of all the public data, 27, Merrick Avenue, Preston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in PR1.
The closest station to 27, Merrick Avenue, Preston is Preston (Lancs) station which is 3.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 27, Merrick Avenue, 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 27, Merrick Avenue, 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 27, Merrick Avenue, 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 27, Merrick Avenue, 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 27, Merrick Avenue, 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.
