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According to the public record, 1A, Old Paddock Gardens, Preston is a modern freehold house with 1,345 ft2 of internal area.
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 1A, Old Paddock Gardens, Preston is £395,761 and the estimated rental value is £1,432 per month.
Old Paddock Gardens, Higher Walton, Preston, PR5 is located in the borough of South Ribble within the PR5 postal district.
1A, Old Paddock Gardens, Preston has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 1A, Old Paddock Gardens, Preston is in very good condition we estimate a sale value of £415,549 and a rental value of £1,503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,058 and a rental value of £1,332 per month.
Over the last 12 months the sale value of 1A Old Paddock Gardens Preston has decreased by an estimated £4,384 (1.1%) and its rental value has increased by an estimated £37 per month (2.6%), giving an expected gross yield of 4.3%.
1A, Old Paddock Gardens, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1A, Old Paddock Gardens, Preston was last sold on 14th July 2022 for £429,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Old Paddock Gardens, Preston within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 1B, Old Paddock Gardens, Preston, PR5 4ET, a freehold house which sold for £429,995 on the 10th August 2022.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Paddock Gardens, Higher Walton, Preston, PR5 has a total of 15 addresses. According to our analysis of all the public data, 1A, Old Paddock Gardens, Preston is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in PR5.
The closest station to 1A, Old Paddock Gardens, Preston is Bamber Bridge station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1A, Old Paddock Gardens, Preston, 43.8% of property is privately owned outright and 41.7% 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 1A, Old Paddock Gardens, Preston, 19.4% of residents are recorded as possessing school level qualifications and 33.1% 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 1A, Old Paddock Gardens, Preston, the average age was 46.3 and the most common age was 57.
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 1A, Old Paddock Gardens, Preston, 0.0% 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 1A, Old Paddock Gardens, Preston, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
