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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, 32, Chestnut Drive, Preston is a modern freehold house with 2,195 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Chestnut Drive, Preston is £495,037 and the estimated rental value is £1,521 per month.
Chestnut Drive, Elswick, Preston, PR4 is located in the borough of Fylde within the PR4 postal district.
32, Chestnut Drive, Preston has a single entry in the Land Registry from August 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 4 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 32, Chestnut Drive, Preston is in very good condition we estimate a sale value of £519,789 and a rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,384 and a rental value of £1,414 per month.
Over the last 12 months the sale value of 32 Chestnut Drive Preston has decreased by an estimated £1,588 (0.3%) and its rental value has increased by an estimated £27 per month (1.8%), giving an expected gross yield of 3.7%.
32, Chestnut Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2022.
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, 32, Chestnut Drive, Preston was last sold on 12th August 2022 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Chestnut Drive, Preston within a radius of 3.2 kilometres over the last 2 years.
The most recent example is New Forest Farm, High Street, Preston, PR4 3ZB, a freehold house which sold for £495,000 on the 11th July 2024.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Drive, Elswick, Preston, PR4 has a total of 27 addresses. According to our analysis of all the public data, 32, Chestnut Drive, Preston is the largest and the most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in PR4.
The closest station to 32, Chestnut Drive, Preston is Kirkham & Wesham station which is 5.9 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 32, Chestnut Drive, Preston, 56.6% of property is privately owned outright and 37.1% 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 32, Chestnut Drive, Preston, 15.3% of residents are recorded as possessing school level qualifications and 48.7% 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 32, Chestnut Drive, Preston, the average age was 43.9 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 32, Chestnut Drive, Preston, 1.3% 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 32, Chestnut Drive, Preston, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
