According to the public record, 2 Merchants Row, Prescot is a modern freehold house and with 839 ft2 of internal area and sits on a 186 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Scotchbarn Lane, Prescot, L34 is located in the borough of Knowsley within the L34 postal district.
2 Merchants Row, Prescot has a single entry in the Land Registry database from June 2019 and no records in the EPC database.
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 good condition, we estimate the current sale value for 2 Merchants Row Prescot as £203,389 and the rental value as £1,045 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 2 Merchants Row Prescot has increased by £9,626 (4.7%) and its rental value has increased by £77 per month (7.4%).
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 2 Merchants Row, Prescot is in very good condition we estimate a sale value of £213,558 and rental value of £1,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,151 and a rental value of £972 per month.
If you were able to purchase this property for the estimated value of £203,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1000 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, 2 Merchants Row, Prescot sits on a plot of 186m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2 Merchants Row, Prescot sits on the 5th largest plot.
According to HM Land Registry, 2 Merchants Row, Prescot was last sold on 21 Jun 2019 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Merchants Row, Prescot within a radius of 225m over the last 2 years.
The most recent example is 5, Mines Avenue, Prescot, L34 2TD, a Freehold house which sold for £150,000 in Oct 2023.
Read more about house prices in L34.
Scotchbarn Lane, Prescot, L34 has a total of 55 addresses. According to our analysis of all the public data, 2 Merchants Row, Prescot is the 43rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in L34.
2 Merchants Row, Prescot has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2 Merchants Row, Prescot is Prescot station which is 400 m 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 2 Merchants Row, Prescot, 39.6% of property is socially rented and 23.6% is privately rented.
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 2 Merchants Row, Prescot, 14.8% of residents are recorded as possessing school level qualifications and 21.5% 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 2 Merchants Row, Prescot, the average age was 39.4 and the most common age was 32.
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 2 Merchants Row, Prescot, 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 2 Merchants Row, Prescot, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.