41, Chandlers Way
41, Chandlers Way
Description & Estimates
According to the public record, 41, Chandlers Way, Preston is a modern freehold house with 1,173 ft2 of internal area.
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 41, Chandlers Way, Preston is £347,135 and the estimated rental value is £1,352 per month.
Chandlers Way, Grimsargh, Preston, PR2 is located in the borough of Preston within the PR2 postal district.
Our Data Sources
41, Chandlers Way, Preston has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated August 2024.
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
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 41, Chandlers Way, Preston is in very good condition we estimate a sale value of £364,492 and a rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,836 and a rental value of £1,258 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41, Chandlers Way, Preston has moved down by £1,404 (0.4%), while its estimated rental value has increased by £42 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
41, Chandlers Way, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 41, Chandlers Way, Preston was last sold on 20th September 2024 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped by 27.4%.
- Sold Sep 2024£440,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Chandlers Way, Preston within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 23, Chandlers Way, Preston, PR2 5DY, a freehold house which sold for £299,995 on the 26th April 2024.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chandlers Way, Grimsargh, Preston, PR2 has a total of 56 addresses. According to our analysis of all the public data, 41, Chandlers Way, Preston is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in PR2.
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Schools Nearby
- 600mGrimsargh St Michael's Church of England Primary School
- 1.8kmAlston Lane Catholic Primary School, Longridge
- 2.5kmSt Maria Goretti Catholic Primary School, Preston
- 3.2kmSt Cecilia's RC High School
- 3.2kmLongridge High School
- 4.9kmArchbishop Temple Church of England High School
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Public Transport Nearby
The closest station to 41, Chandlers Way, Preston is Preston (Lancs) station, which is 6.9 kilometres away.
- 6.9kmPreston (Lancs)
- 8.7kmBamber Bridge
- 9.4kmLostock Hall
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
