According to the public record, 2, Honeywood Avenue, Preston is a modern leasehold house and with 1,151 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Honeywood Avenue, Bamber Bridge, Preston, PR5 is located in the borough of South Ribble within the PR5 postal district.
2, Honeywood Avenue, Preston has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated August 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 2 Honeywood Avenue Preston as £252,436 and the rental value as £1,255 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 Honeywood Avenue Preston has decreased by £2,457 (1.0%) and its rental value has increased by £15 per month (1.2%).
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, Honeywood Avenue, Preston is in very good condition we estimate a sale value of £265,058 and rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,766 and a rental value of £1,168 per month.
If you were able to purchase this property for the estimated value of £252,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,241 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 HM Land Registry, 2, Honeywood Avenue, Preston was last sold on 15 Jul 2022 for £252,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Honeywood Avenue, Preston within a radius of 97m over the last 2 years.
The most recent example is 3, Olivewood Road, Preston, PR5 6DP, a Leasehold house which sold for £237,000 in Jun 2024.
Read more about house prices in PR5.
Honeywood Avenue, Bamber Bridge, Preston, PR5 has a total of 19 addresses. According to our analysis of all the public data, 2, Honeywood Avenue, Preston is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in PR5.
2, Honeywood Avenue, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Aug 2018.
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, Honeywood Avenue, Preston is Bamber Bridge station which is 1.3 km 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, Honeywood Avenue, Preston, 51.2% of property is privately owned with a mortgage and 37.4% is privately owned outright.
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, Honeywood Avenue, Preston, 21.7% of residents are recorded as possessing school level qualifications and 31.5% 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, Honeywood Avenue, Preston, the average age was 42.2 and the most common age was 52.
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, Honeywood Avenue, 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 2, Honeywood Avenue, Preston, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.