1, Cinder Lane
1, Cinder Lane
Description & Estimates
1, Cinder Lane, Preston is recorded publicly as an early-century freehold house across 1,539 ft2 of internal area, sitting on a 1,935 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Cinder Lane, Preston is £499,375 and its rental estimate is £1,545 per month, given the available information and assuming reasonable condition.
Cinder Lane, Mere Brow, Preston, PR4 falls within the PR4 postal district, in the borough of West Lancashire.
Our Data Sources
1, Cinder Lane, Preston has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Cinder Lane, Preston, we estimate a market value of £524,343 and a rental value of £1,622 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £464,418 and £1,437 per month respectively.
Recent Market Change
Over the last year, 1, Cinder Lane, Preston has seen its estimated sale value move down by £3,000 (0.6%) and its estimated rental value increase by £31 per month (2.0%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 1, Cinder Lane, Preston as measuring 1,935 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
1, Cinder Lane, Preston has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Cinder Lane, Preston completed on 14th March 2024 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.6% over the period since March 2024.
- Sold Mar 2024£500,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Cinder Lane, Preston have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 23, The Gravel, Preston, PR4 6JX, a freehold house which sold for £441,500.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on Cinder Lane, Mere Brow, Preston, PR4, 1, Cinder Lane, Preston comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £212k more expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 300mTarleton Mere Brow Church of England Primary School
- 2.3kmHolmeswood Methodist School
- 2.8kmBanks St Stephen's CofE School
- 4.2kmTarleton Academy
- 6.2kmStanley High School
- 6.7kmMeols Cop High School
More reading links
Public Transport Nearby
From 1, Cinder Lane, Preston, the nearest station is Bescar Lane, 4.8 kilometres away.
- 4.8kmBescar Lane
- 5.7kmNew Lane
- 5.8kmRufford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
