Area Guide For Prescot

Prescot is a town and civil parish, within the Metropolitan Borough of Knowsley in Merseyside, England. It is 8 miles to the east of Liverpool city centre and lies within the historic boundaries of Lancashire. At the 2001 Census, the population was 11,184 (5,265 males, 5,919 females). Prescot marks the beginning of the A58 road which runs through to Wetherby, West Yorkshire. The town is served by Prescot railway station and Eccleston Park railway station. Prescot's name is believed to be derived from the Anglo-Saxon prost "priest" + cot "cot", meaning a cottage or small house owned or inhabited by a priest, a "priest-cottage". (ME prest, preste, priest, OE prost, LL presbyter, Gk ‚ presbteros "elder, priest"). In the 14th century, William Dacre, 2nd Baron Dacre, obtained a charter for the holding of a three-day market and moveable fair at Prescot, to begin on the Wednesday following Corpus Christi. From about 1593, into the early years of the 17th century, Prescot was home to the Prescot Playhouse, a purpose-built Shakespearean theatre. During the 18th and 19th centuries it was at the centre of the watch and clockmaking industry. This ended with the failure of the


Prescot Map

Estimated Price: £163,806
Average Asking Price: £228,283
Price change in last one year: £5,119
Average Price Paid: £139,044
Average Rent Rates: £928


Property Prices Breakdown in Prescot

Average Price for property in Prescot is around £163,806 which varies based on type of property you are interested in and ranges from £259,059 for detached house to around £152,672 for semi-detached. Similarly terraced house is around £105,907 and a flat is worth £103,917. Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,871 in last 6 months, £5,119 in last 1 year, £16,188 in last 2 years, £9,706 in last 3 years, £11,789 in last 4 years and £7,839 in last 5 years.

Currently average asking price of a property in Prescot is around £228,283 based on approximately 395 properties for sale. Same is the case with rental options based on 120 properties up for rent, average asking rent is around £928 per month.

Estimated property value in Prescot is £163,806. Average asking price is £228,283 while average price paid is £137,519 which is up by £5,119 and Avg. asking rent £928.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Prescot area. In last 1 year alone average price buyer paid is around £137,519 based on approximately 395 sales in Prescot area alone. If you compare it to last 3 years sales of 1,097 properties where buyers paid around £140,721. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £139,044 for 1,755 and average amount paid for purchase of approx. 2,447 properties sold in last 7 years comes to about £140,812 per sale.


Properties For Sale in Prescot


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £210,000, £108,698 for a 2 bedroom house, £162,407 for a 3 bedroom house, £318,993 for a 4 bedroom house and £419,011 for a 5 bedroom house. For a flat similarly the prices varies from £66,129 for a single bedroom to £88,548 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £152,498. To sum up the asking prices for properties in Prescot it comes to around average £75,720 for 1 bedroom property, £102,716 for 2 bedroom, £162,328 for 3 bedroom, £318,993 for 4 bedroom and £419,011 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £360 for 1 bedroom to £499 for 2 bedroom, £661 for 3 bedroom and £1,444 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £361. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £504 and £465 for 3 bedroom. You should be generally be expecting around average £361 rent per month for single bedroom property, £501 for 2 bedroom, £645 for 3 bedroom and approximately £1,444 for 4 bedroom property in Prescot area.

Popular Houses in Prescot

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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