According to the public record, 41, School Field, Preston is a mid-century freehold house and with 764 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
School Field, Bamber Bridge, Preston, PR5 is located in the borough of Chorley within the PR5 postal district.
41, School Field, Preston has 31 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated May 2016.
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 41 School Field Preston as £172,667 and the rental value as £1,081 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 41 School Field Preston has increased by £1,657 (1.0%) and its rental value has increased by £36 per month (3.4%).
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 41, School Field, Preston is in very good condition we estimate a sale value of £181,300 and rental value of £1,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,580 and a rental value of £1,005 per month.
If you were able to purchase this property for the estimated value of £172,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £849 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, 41, School Field, Preston sits on a plot of 286m2.
We have plot size data on 22 out of 40 other houses in the postcode and 41, School Field, Preston sits on the 7th largest plot.
According to HM Land Registry, 41, School Field, Preston was last sold on 21 Sep 2021 for £190,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, School Field, Preston within a radius of 98m over the last 2 years.
The most recent example is 49, School Field, Preston, PR5 8BH, a Freehold house which sold for £196,500 in Dec 2023.
Read more about house prices in PR5.
School Field, Bamber Bridge, Preston, PR5 has a total of 92 addresses. According to our analysis of all the public data, 41, School Field, Preston is the 60th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in PR5.
41, School Field, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 May 2016.
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 41, School Field, Preston is Bamber Bridge station which is 2.1 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 41, School Field, Preston, 58.1% of property is privately owned outright and 23.7% 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 41, School Field, Preston, 13.7% of residents are recorded as possessing school level qualifications and 24.9% 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 41, School Field, Preston, the average age was 41.2 and the most common age was 62.
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 41, School Field, Preston, 1.0% 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 41, School Field, 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.