According to the public record, 48, Preston Lane, Tadworth is a mid-century freehold house with 979 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Preston Lane, Tadworth, KT20 is located in the borough of Reigate and Banstead within the KT20 postal district.
48, Preston Lane, Tadworth has 21 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated July 2020.
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 48 Preston Lane Tadworth as £436,091 and the rental value as £2,186 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 48 Preston Lane Tadworth has increased by £16,113 (3.7%) and its rental value has increased by £157 per month (7.2%).
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 48, Preston Lane, Tadworth is in very good condition we estimate a sale value of £457,896 and rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,565 and a rental value of £2,033 per month.
If you were able to purchase this property for the estimated value of £436,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,143 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, 48, Preston Lane, Tadworth sits on a plot of 191m2.
We have plot size data on 27 out of 43 other houses in the postcode and 48, Preston Lane, Tadworth sits on the 18th largest plot.
According to HM Land Registry, 48, Preston Lane, Tadworth was last sold on 20 Nov 2020 for £380,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Preston Lane, Tadworth within a radius of 580 metres over the last 2 years.
The most recent example is 138, Merland Rise, Tadworth, KT20 5JA, a Freehold house which sold for £448,000 in Oct 2023.
Read more about house prices in KT20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Lane, Tadworth, KT20 has a total of 118 addresses. According to our analysis of all the public data, 48, Preston Lane, Tadworth is the 15th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £293k less expensive than the average property in KT20.
48, Preston Lane, Tadworth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2020.
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 48, Preston Lane, Tadworth is Tadworth station which is 800 metres 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 48, Preston Lane, Tadworth, 42.5% of property is socially rented and 39.6% 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 48, Preston Lane, Tadworth, 20.7% of residents are recorded as possessing school level qualifications and 20.6% 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 48, Preston Lane, Tadworth, the average age was 36.1 and the most common age was 7.
The graph below shows how this compares to South East 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 48, Preston Lane, Tadworth, 0.0% of property was a second home.
Comparison figures for South East 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 48, Preston Lane, Tadworth, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.