According to the public record, 11, Wellfield Road, Preston is a modern freehold house with 688 ft2 of internal area and sits on a 299 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellfield Road, Lostock Hall, Preston, PR5 is located in the borough of South Ribble within the PR5 postal district.
11, Wellfield Road, Preston has 21 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Wellfield Road Preston as £197,715 and the rental value as £1,141 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 11 Wellfield Road Preston has decreased by £1,811 (0.9%) and its rental value has increased by £22 per month (1.9%).
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 11, Wellfield Road, Preston is in very good condition we estimate a sale value of £207,600 and rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,875 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £197,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £972 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 11, Wellfield Road, Preston sits on a plot of 299m2.
We have plot size data on 11 out of 23 other houses in the postcode and 11, Wellfield Road, Preston sits on the 8th largest plot.
According to HM Land Registry, 11, Wellfield Road, Preston was last sold on 24 May 2023 for £205,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Wellfield Road, Preston within a radius of 670 metres over the last 2 years.
The most recent example is 15, Wellfield Road, Preston, PR5 5LQ, a Freehold house which sold for £175,000 in Apr 2024.
Read more about house prices in PR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellfield Road, Lostock Hall, Preston, PR5 has a total of 23 addresses. According to our analysis of all the public data, 11, Wellfield Road, Preston is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in PR5.
11, Wellfield Road, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Wellfield Road, Preston is Lostock Hall station which is 500 metres 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 11, Wellfield Road, Preston, 57.6% of property is privately owned outright and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 11, Wellfield Road, Preston, 12.0% of residents are recorded as possessing school level qualifications and 30.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Wellfield Road, Preston, the average age was 41 and the most common age was 27.
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 11, Wellfield Road, Preston, 0.4% 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 11, Wellfield Road, 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.