4, Farm Meadow Drive
4, Farm Meadow Drive
Description & Estimates
4, Farm Meadow Drive, Preston is recorded publicly as a modern freehold house across 2,325 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 4, Farm Meadow Drive, Preston is £531,205 and its rental estimate is £1,693 per month, given the available information and assuming reasonable condition.
Farm Meadow Drive, Broughton, Preston, PR3 falls within the PR3 postal district, in the borough of Preston.
Our Data Sources
4, Farm Meadow Drive, Preston has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 2023.
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.
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 4, Farm Meadow Drive, Preston, we estimate a market value of £557,765 and a rental value of £1,777 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £494,020 and £1,574 per month respectively.
Recent Market Change
Over the last year, 4, Farm Meadow Drive, Preston has seen its estimated sale value decline by £1,612 (0.3%) and its estimated rental value climb by £48 per month (2.9%). This results in an estimated gross rental yield of 3.8%.
Energy Efficiency
4, Farm Meadow Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Farm Meadow Drive, Preston completed on 18th August 2023 at £539,950 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 risen by 13.3% over the period since August 2023.
- Sold Aug 2023£539,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Farm Meadow Drive, Preston have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 69, Farm Meadow Drive, Preston, PR3 5EN, a freehold house which sold for £589,950.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Farm Meadow Drive, Broughton, Preston, PR3, 4, Farm Meadow Drive, Preston comes out as the largest and the 4th most expensive in our analysis of the public data.
It is also £218k more expensive than the average property across the PR3 district.
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Schools Nearby
- 300mBroughton-in-Amounderness Church of England Primary School
- 1.0kmOur Lady and St Edward's Catholic Primary School, Preston
- 1.6kmFulwood, St Peter's Church of England Primary School and Nursery
- 400mBroughton High School
- 2.2kmFulwood Academy
- 2.5kmCorpus Christi Catholic High School
More reading links
Public Transport Nearby
From 4, Farm Meadow Drive, Preston, the nearest station is Preston (Lancs), 5.6 kilometres away.
- 5.6kmPreston (Lancs)
- 7.1kmSalwick
- 9.5kmLostock Hall
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
