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According to the public record, Meadow Hey, Preston is a modern house with 1,356 ft2 of internal area and sits on a 870 m2 plot.
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 Meadow Hey, Preston is £558,472 and the estimated rental value is £1,462 per month.
Chipping, Preston, PR3 is located in the borough of Ribble Valley within the PR3 postal district.
Meadow Hey, Preston has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data 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 Meadow Hey, Preston is in very good condition we estimate a sale value of £586,396 and a rental value of £1,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,379 and a rental value of £1,359 per month.
Over the last 12 months the sale value of Meadow Hey Preston has increased by an estimated £8,986 (1.6%) and its rental value has increased by an estimated £44 per month (3.0%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, Meadow Hey, Preston sits on a plot of 870m2.
We have plot size data on 4 out of 7 other houses in the postcode and Meadow Hey, Preston sits on the 3rd largest plot.
Meadow Hey, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Meadow Hey, Preston within a radius of 6.0 kilometres over the last 2 years.
The most recent example is 2, Mills Way, Preston, PR3 2DP, a freehold house which sold for £485,000 on the 9th December 2022.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chipping, Preston, PR3 has a total of 27 addresses. According to our analysis of all the public data, Meadow Hey, Preston is the 25th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £241k more expensive than the average property in PR3.
The closest station to Meadow Hey, Preston is Clitheroe station which is 12.8 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 Meadow Hey, Preston, 53.3% of property is privately owned outright and 37.6% 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 Meadow Hey, Preston, 16.1% of residents are recorded as possessing school level qualifications and 43.7% 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 Meadow Hey, Preston, the average age was 46.8 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 Meadow Hey, Preston, 1.9% 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 Meadow Hey, Preston, there are an average of 2.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.