8, Mercia Grove
8, Mercia Grove
Description & Estimates
Public records show 8, Mercia Grove, Leyland to be a modern leasehold house with 2,314 ft2 of internal area.
In this area, houses of this size normally have 5 bedrooms with a garden.
8, Mercia Grove, Leyland has an estimated sale value of £506,090 and an estimated rental value of £1,881 per month, assuming reasonable condition and based on the information available.
Mercia Grove, Leyland, PR25 lies in the borough of Chorley, within the PR25 postal district.
Our Data Sources
8, Mercia Grove, Leyland has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated March 2017.
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, Mercia Grove, Leyland would be worth £531,394, with a potential rental value of £1,975 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £470,664, with a rental value of £1,749 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, Mercia Grove, Leyland has decreased by £9,873 (2.0%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (1.3%). The property's estimated gross yield is currently 4.5%.
Energy Efficiency
8, Mercia Grove, Leyland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2017.
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, Mercia Grove, Leyland last changed hands on 28th April 2017, selling for £419,995. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.9% since April 2017.
- Sold Apr 2017£419,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 8, Mercia Grove, Leyland across the last 2 years.
Most recently, 8, Arden Drive, Leyland, PR25 5AD, a freehold house, sold at £530,000 on the 9th June 2023.
Read more about house prices in PR25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Mercia Grove, Leyland as the 5th largest and the 5th most expensive of the 18 addresses on Mercia Grove, Leyland, PR25.
Against the PR25 postcode district average, it is £292k more expensive than the typical property.
More reading links
Schools Nearby
- 500mLancaster Lane Primary and Pre-School
- 800mSt Catherine's RC Primary School
- 1.0kmClayton-le-Woods Church of England Primary School
- 1.8kmBalshaw's Church of England High School
- 2.2kmWellfield Academy
- 3.1kmAcademy@Worden
More reading links
Public Transport Nearby
Leyland station is the nearest stop to 8, Mercia Grove, Leyland at 1.3 kilometres away.
- 1.3kmLeyland
- 2.9kmBuckshaw Parkway
- 3.1kmLostock Hall
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
