7, Edward Drive
7, Edward Drive
Description & Estimates
7, Edward Drive, Preston is recorded publicly as a modern freehold house across 1,410 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Edward Drive, Preston is £390,738 and its rental estimate is £1,350 per month, given the available information and assuming reasonable condition.
Edward Drive, Garstang, Preston, PR3 falls within the PR3 postal district, in the borough of Wyre.
Our Data Sources
7, Edward Drive, Preston has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 7, Edward Drive, Preston, we estimate a market value of £410,275 and a rental value of £1,418 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £363,387 and £1,256 per month respectively.
Recent Market Change
Over the last year, 7, Edward Drive, Preston has seen its estimated sale value drop by £1,634 (0.4%) and its estimated rental value rise by £42 per month (3.1%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
7, Edward Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 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
The most recent sale of 7, Edward Drive, Preston completed on 28th June 2024 at £380,995 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 7.4% over the period since June 2024.
- Sold Jun 2024£380,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Edward Drive, Preston have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 14, Greenhow Drive, Preston, PR3 0NQ, a freehold house which sold for £347,995.
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 19 addresses on Edward Drive, Garstang, Preston, PR3, 7, Edward Drive, Preston comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the PR3 district.
More reading links
Schools Nearby
- 300mGarstang St Thomas' Church of England Primary School
- 1.1kmSt Mary and St Michael's Catholic Primary School, Garstang
- 1.3kmGarstang Community Primary School
- 1.7kmGarstang Community Academy
- 10.7kmBroughton High School
- 11.7kmSaint Aidan's Church of England High School
More reading links
Public Transport Nearby
From 7, Edward Drive, Preston, the nearest station is Salwick, 13.0 kilometres away.
- 13.0kmSalwick
- 13.6kmKirkham & Wesham
- 14.3kmPoulton-le-Fylde
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
