31, Marsh Way
31, Marsh Way
Description & Estimates
31, Marsh Way, Preston is recorded publicly as a modern leasehold apartment across 269 ft2 of internal area.
Locally, apartments of this size are normally studios.
Our estimate of the sale value of 31, Marsh Way, Preston is £69,682 and its rental estimate is £505 per month, given the available information and assuming reasonable condition.
Marsh Way, Penwortham, Preston, PR1 falls within the PR1 postal district, in the borough of South Ribble.
Our Data Sources
31, Marsh Way, Preston has 31 entries in the Land Registry , most recently in January 2017 and a single entry in the EPC database dated August 2016.
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.
Price Range & Condition
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 31, Marsh Way, Preston, we estimate a market value of £73,166 and a rental value of £530 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,804 and £470 per month respectively.
Recent Market Change
Over the last year, 31, Marsh Way, Preston has seen its estimated sale value fall by £354 (0.5%) and its estimated rental value move up by £14 per month (2.7%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
31, Marsh Way, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 31, Marsh Way, Preston completed on 20th January 2017 at £67,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 4.9% over the period since January 2017.
- Sold Jan 2017£67,500
- Sold Dec 2007£62,500
- Sold Aug 2006£57,500
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 31, Marsh Way, Preston have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2014, was 17, Meadow Bank, Preston, PR1 9BL, a leasehold flat which sold for £54,500.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 118 addresses on Marsh Way, Penwortham, Preston, PR1, 31, Marsh Way, Preston comes out as the 118th largest and the 118th most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the PR1 district.
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Schools Nearby
- 200mPenwortham Broad Oak Primary School
- 600mCop Lane Church of England Primary School, Penwortham
- 800mKingsfold Primary School
- 900mAll Hallows Catholic High School
- 1.2kmPenwortham Girls' High School
- 1.7kmPenwortham Priory Academy
More reading links
Public Transport Nearby
From 31, Marsh Way, Preston, the nearest station is Preston (Lancs), 2.6 kilometres away.
- 2.6kmPreston (Lancs)
- 3.0kmLostock Hall
- 4.5kmBamber Bridge
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
