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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Meadow Drive, Preston is a modern freehold house with 2,034 ft2 of internal area and sits on a 709 m2 plot.
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 7, Meadow Drive, Preston is £612,266 and the estimated rental value is £1,268 per month.
Meadow Drive, Bowgreave, Preston, PR3 is located in the borough of Wyre within the PR3 postal district.
7, Meadow Drive, Preston has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated December 2020.
We combine this information with that 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.
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 7, Meadow Drive, Preston is in very good condition we estimate a sale value of £642,880 and a rental value of £1,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £569,408 and a rental value of £1,180 per month.
Over the last 12 months the sale value of 7 Meadow Drive Preston has increased by an estimated £9,852 (1.6%) and its rental value has increased by an estimated £38 per month (3.0%), giving an expected gross yield of 2.5%.
According to data from HM Land Registry, 7, Meadow Drive, Preston sits on a plot of 709m2.
We have plot size data on 26 out of 27 other houses in the postcode and 7, Meadow Drive, Preston sits on the largest plot.
7, Meadow Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Meadow Drive, Preston was last sold on 18th December 2020 for £534,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Meadow Drive, Preston within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 1, Calder House Court, Preston, PR3 1GA, a freehold house which sold for £596,995 on the 26th March 2021.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Drive, Bowgreave, Preston, PR3 has a total of 27 addresses. According to our analysis of all the public data, 7, Meadow Drive, Preston is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £295k more expensive than the average property in PR3.
The closest station to 7, Meadow Drive, Preston is Salwick station which is 12.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Meadow Drive, Preston, 46.8% of property is privately owned outright and 35.9% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Meadow Drive, Preston, 18.7% of residents are recorded as possessing school level qualifications and 45.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Meadow Drive, Preston, the average age was 44 and the most common age was 17.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Meadow Drive, Preston, 1.8% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Meadow Drive, Preston, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
