According to the public record, 47, The Heathers, Preston is a mid-century freehold house with 979 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Heathers, Bamber Bridge, Preston, PR5 is located in the borough of Chorley within the PR5 postal district.
47, The Heathers, Preston has 21 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated September 2012.
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 47 The Heathers Preston as £211,651 and the rental value as £1,154 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 47 The Heathers Preston has increased by £2,031 (1.0%) and its rental value has increased by £39 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 47, The Heathers, Preston is in very good condition we estimate a sale value of £222,233 and rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,835 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £211,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,040 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, 47, The Heathers, Preston sits on a plot of 245m2.
We have plot size data on 12 out of 24 other houses in the postcode and 47, The Heathers, Preston sits on the 5th largest plot.
According to HM Land Registry, 47, The Heathers, Preston was last sold on 20 Oct 2017 for £163,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2017, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, The Heathers, Preston within a radius of 760 metres over the last 2 years.
The most recent example is 66, Carr Field, Preston, PR5 8BT, a Freehold house which sold for £154,450 in May 2019.
Read more about house prices in PR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Heathers, Bamber Bridge, Preston, PR5 has a total of 48 addresses. According to our analysis of all the public data, 47, The Heathers, Preston is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in PR5.
47, The Heathers, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 47, The Heathers, Preston is Bamber Bridge station which is 2.6 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 47, The Heathers, Preston, 48.3% of property is privately owned outright and 36.4% 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 47, The Heathers, Preston, 11.6% of residents are recorded as possessing school level qualifications and 37.2% 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 47, The Heathers, 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 47, The Heathers, Preston, 0.6% 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 47, The Heathers, Preston, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.