According to the public record, 3, Merlin Grove, Leyland is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Merlin Grove, Leyland, PR25 is located in the borough of South Ribble within the PR25 postal district.
3, Merlin Grove, Leyland has no records in the Land Registry database and a single entry in the EPC database dated August 2023.
We combine this information with public data 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 3 Merlin Grove Leyland as £90,649 and the rental value as £618 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 3 Merlin Grove Leyland has decreased by £206 (0.2%) and its rental value has increased by £28 per month (4.5%).
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 3, Merlin Grove, Leyland is in very good condition we estimate a sale value of £95,182 and rental value of £649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,304 and a rental value of £575 per month.
If you were able to purchase this property for the estimated value of £90,649, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £446 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Merlin Grove, Leyland within a radius of 610 metres over the last 2 years.
The most recent example is 61, Manor House Close, Leyland, PR26 7TY, a Leasehold flat which sold for £59,000 in Jul 2016.
Read more about house prices in PR25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Grove, Leyland, PR25 has a total of 71 addresses. According to our analysis of all the public data, 3, Merlin Grove, Leyland is the 65th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in PR25.
3, Merlin Grove, Leyland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2023.
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 3, Merlin Grove, Leyland is Leyland station which is 2.5 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 3, Merlin Grove, Leyland, 67.2% of property is socially rented and 14.4% 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 3, Merlin Grove, Leyland, 16.7% of residents are recorded as possessing school level qualifications and 19.7% 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 3, Merlin Grove, Leyland, the average age was 40.1 and the most common age was 12.
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 3, Merlin Grove, Leyland, 0.8% 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 3, Merlin Grove, Leyland, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.