40, Farm Meadow Drive
40, Farm Meadow Drive
Description & Estimates
The public record lists 40, Farm Meadow Drive, Preston as a freehold house.
Comparison with its neighbours suggests a modern house with 1,941 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
40, Farm Meadow Drive, Preston has an estimated sale value of £476,915 and an estimated rental value of £1,479 per month, assuming reasonable condition and based on the information available.
Farm Meadow Drive, Broughton, Preston, PR3 lies in the borough of Preston, within the PR3 postal district.
Our Data Sources
40, Farm Meadow Drive, Preston has a single entry in the Land Registry from June 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Farm Meadow Drive, Preston would be worth £500,760, with a potential rental value of £1,553 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £443,531, with a rental value of £1,376 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Farm Meadow Drive, Preston has dropped by £1,994 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £45 (3.1%). The property's estimated gross yield is currently 3.7%.
Sold Prices
40, Farm Meadow Drive, Preston last changed hands on 7th June 2024, selling for £559,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.1% since June 2024.
- Sold Jun 2024£559,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 40, Farm Meadow Drive, Preston across the last 2 years.
Most recently, 49, Farm Meadow Drive, Preston, PR3 5EN, a freehold house, sold at £449,950 on the 27th September 2024.
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
Our analysis of the public data ranks 40, Farm Meadow Drive, Preston as the 14th largest and the 14th most expensive of the 54 addresses on Farm Meadow Drive, Broughton, Preston, PR3.
Against the PR3 postcode district average, it is £163k more expensive than the typical property.
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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
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Public Transport Nearby
Preston (Lancs) station is the nearest stop to 40, Farm Meadow Drive, Preston at 5.6 kilometres away.
- 5.6kmPreston (Lancs)
- 7.1kmSalwick
- 9.5kmLostock Hall
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
