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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
According to the public record, 8, Cedar Close, Preston is a early-century freehold house with 1,431 ft2 of internal area and sits on a 303 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 8, Cedar Close, Preston is £265,681 and the estimated rental value is £1,183 per month.
Cedar Close, Grimsargh, Preston, PR2 is located in the borough of Preston within the PR2 postal district.
8, Cedar Close, Preston has 31 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated November 2018.
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.
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 8, Cedar Close, Preston is in very good condition we estimate a sale value of £278,965 and a rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,083 and a rental value of £1,100 per month.
Over the last 12 months the sale value of 8 Cedar Close Preston has increased by an estimated £3,913 (1.5%) and its rental value has increased by an estimated £35 per month (3.0%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 8, Cedar Close, Preston sits on a plot of 303m2.
We have plot size data on 22 out of 22 other houses in the postcode and 8, Cedar Close, Preston sits on the 13th largest plot.
8, Cedar Close, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Cedar Close, Preston was last sold on 29th October 2020 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2020, the market for similar properties has dropped 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cedar Close, Preston within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 11, Cedar Close, Preston, PR2 5LJ, a freehold house which sold for £244,000 on the 26th July 2024.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Grimsargh, Preston, PR2 has a total of 22 addresses. According to our analysis of all the public data, 8, Cedar Close, Preston is the largest and the most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in PR2.
The closest station to 8, Cedar Close, Preston is Preston (Lancs) station which is 7.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Cedar Close, Preston, 56.0% of property is privately owned outright and 32.1% 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 8, Cedar Close, Preston, 20.5% of residents are recorded as possessing school level qualifications and 39.8% 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 8, Cedar Close, Preston, the average age was 42.8 and the most common age was 52.
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 8, Cedar Close, Preston, 2.8% 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 8, Cedar Close, Preston, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
