53, Chandlers Way
53, Chandlers Way
Description & Estimates
The public record describes 53, Chandlers Way, Preston as a modern apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
53, Chandlers Way, Preston has an estimated sale value of £137,265 and an estimated rental value of £748 per month, assuming reasonable condition and based on the information available.
Chandlers Way, Grimsargh, Preston, PR2 lies in the borough of Preston, within the PR2 postal district.
Our Data Sources
53, Chandlers Way, Preston has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 53, Chandlers Way, Preston would be worth £144,128, with a potential rental value of £785 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £127,656, with a rental value of £696 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 53, Chandlers Way, Preston has increased by £225 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £27 (3.6%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
53, Chandlers Way, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 2.4 kilometres of 53, Chandlers Way, Preston across the last 2 years.
Most recently, 4, Cotton Street, Preston, PR2 5DP, a leasehold flat, sold at £595,758 on the 11th January 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
Our analysis of the public data ranks 53, Chandlers Way, Preston as the 54th largest and the 54th most expensive of the 56 addresses on Chandlers Way, Grimsargh, Preston, PR2.
Against the PR2 postcode district average, it is £64k less expensive than the typical property.
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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
Preston (Lancs) station is the nearest stop to 53, Chandlers Way, Preston at 6.9 kilometres away.
- 6.9kmPreston (Lancs)
- 8.7kmBamber Bridge
- 9.4kmLostock Hall
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
