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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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9, Homestead, Preston is described in the public record as a mid-century apartment with 625 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 9, Homestead, Preston is £83,491 and its rental estimate is £553 per month, given the available information and assuming reasonable condition.
Homestead, Bamber Bridge, Preston, PR5 falls within the PR5 postal district, in the borough of Chorley.
9, Homestead, Preston has no records in the the Land Registry and a single entry in the EPC database dated February 2011.
We combine this information with public data 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.
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 9, Homestead, Preston, we estimate a market value of £87,666 and a rental value of £580 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,647 and £514 per month respectively.
Over the last year, 9, Homestead, Preston has seen its estimated sale value drop by £529 (0.6%) and its estimated rental value rise by £17 per month (3.1%). This results in an estimated gross rental yield of 7.9%.
9, Homestead, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 9, Homestead, Preston have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2022, was 92, Homestead, Preston, PR5 8BD, a leasehold flat which sold for £55,000.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 118 addresses on Homestead, Bamber Bridge, Preston, PR5, 9, Homestead, Preston comes out as the 104th largest and the 101st most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the PR5 district.
From 9, Homestead, Preston, the nearest station is Bamber Bridge, 2.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Homestead, Preston, 54.0% of property is socially rented and 22.0% 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 9, Homestead, Preston, 23.3% of residents are recorded as possessing school level qualifications and 24.6% 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 9, Homestead, Preston, the average age was 41.2 and the most common age was 62.
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 9, Homestead, Preston, 0.6% 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 9, Homestead, Preston, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
