8, Elms Drive
8, Elms Drive
Description & Estimates
8, Elms Drive, Preston is recorded publicly as an early-century leasehold house across 1,087 ft2 of internal area, sitting on a 175 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Elms Drive, Preston is £306,303 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Elms Drive, Wrea Green, Preston, PR4 falls within the PR4 postal district, in the borough of Fylde.
Our Data Sources
8, Elms Drive, Preston has 3 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated February 2014.
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
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 8, Elms Drive, Preston, we estimate a market value of £321,619 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £284,862 and £1,046 per month respectively.
Recent Market Change
Over the last year, 8, Elms Drive, Preston has seen its estimated sale value rise by £1,416 (0.5%) and its estimated rental value move up by £38 per month (3.4%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 8, Elms Drive, Preston as measuring 175 m2.
That makes it the 9th largest plot in the postcode, where 10 of the 11 other houses have recorded plot data.
Energy Efficiency
8, Elms Drive, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Elms Drive, Preston completed on 10th December 2018 at £245,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 4.9% over the period since December 2018.
- Sold Dec 2018£245,000
- Sold Jan 2016£240,000
- Sold Aug 2014£241,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Elms Drive, Preston have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 17, First Avenue, Preston, PR4 2WR, a leasehold house which sold for £238,000.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Elms Drive, Wrea Green, Preston, PR4, 8, Elms Drive, Preston comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £19k more expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 100mRibby with Wrea Endowed CofE Primary School
- 2.3kmThe Willows Catholic Primary School, Kirkham
- 2.4kmKirkham and Wesham Primary School
- 3.3kmCarr Hill High School
- 4.5kmSt Bede's Catholic High School, Lytham
- 6.2kmLytham St Annes High School
More reading links
Public Transport Nearby
From 8, Elms Drive, Preston, the nearest station is Moss Side, 2.2 kilometres away.
- 2.2kmMoss Side
- 2.6kmKirkham & Wesham
- 5.2kmLytham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
