8, Farm Meadow Drive
8, Farm Meadow Drive
Description & Estimates
Public records show 8, Farm Meadow Drive, Preston to be a modern freehold house with 2,131 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
8, Farm Meadow Drive, Preston has an estimated sale value of £507,644 and an estimated rental value of £1,618 per month, assuming reasonable condition and based on the information available.
Farm Meadow Drive, Broughton, Preston, PR3 lies in the borough of Preston, within the PR3 postal district.
Our Data Sources
8, Farm Meadow Drive, Preston has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated August 2023.
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
In very good condition, we estimate 8, Farm Meadow Drive, Preston would be worth £533,026, with a potential rental value of £1,698 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £472,109, with a rental value of £1,504 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 8, Farm Meadow Drive, Preston has decreased by £1,540 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £46 (2.9%). The property's estimated gross yield is currently 3.8%.
Energy Efficiency
8, Farm Meadow Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Farm Meadow Drive, Preston last changed hands on 27th July 2023, selling for £529,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.1% since July 2023.
- Sold Jul 2023£529,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 8, Farm Meadow Drive, Preston across the last 2 years.
Most recently, 55, Farm Meadow Drive, Preston, PR3 5EN, a freehold house, sold at £549,950 on the 21st December 2023.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Farm Meadow Drive, Preston as the 7th largest and the 11th most expensive of the 54 addresses on Farm Meadow Drive, Broughton, Preston, PR3.
Against the PR3 postcode district average, it is £194k more expensive than the typical property.
More reading links
Schools Nearby
- 300mBroughton-in-Amounderness Church of England Primary School
- 1.0kmOur Lady and St Edward's Catholic Primary School, Preston
- 1.6kmFulwood, St Peter's Church of England Primary School and Nursery
- 400mBroughton High School
- 2.2kmFulwood Academy
- 2.5kmCorpus Christi Catholic High School
More reading links
Public Transport Nearby
Preston (Lancs) station is the nearest stop to 8, Farm Meadow Drive, Preston at 5.6 kilometres away.
- 5.6kmPreston (Lancs)
- 7.1kmSalwick
- 9.5kmLostock Hall
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
