1, Mill Lane
1, Mill Lane
Description & Estimates
1, Mill Lane, Preston is recorded publicly as a mid-century freehold house across 891 ft2 of internal area, sitting on a 252 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Mill Lane, Preston is £185,661 and its rental estimate is £1,082 per month, given the available information and assuming reasonable condition.
Mill Lane, Fulwood, Preston, PR2 falls within the PR2 postal district, in the borough of Preston.
Our Data Sources
1, Mill Lane, Preston has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated November 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Mill Lane, Preston, we estimate a market value of £194,945 and a rental value of £1,136 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £172,665 and £1,007 per month respectively.
Recent Market Change
Over the last year, 1, Mill Lane, Preston has seen its estimated sale value climb by £118 (0.1%) and its estimated rental value rise by £38 per month (3.5%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 1, Mill Lane, Preston as measuring 252 m2.
That makes it the 14th largest plot in the postcode, where 18 of the 20 other houses have recorded plot data.
Energy Efficiency
1, Mill Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2009.
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, Mill Lane, Preston completed on 5th November 2018 at £140,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.1% over the period since November 2018.
- Sold Nov 2018£140,000
- Sold Jan 2011£124,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Mill Lane, Preston have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 14, Seymour Road, Preston, PR2 2EU, a freehold house which sold for £188,000.
Read more about house prices in PR2.
- Sold Nov 2024£188,000 | 3 Bed House14, Seymour Road, Preston, PR2 2EU14, Seymour Road, Preston, PR2 2EU
- Sold Mar 2024£185,500 | 3 Bed House18, Linksfield, Preston, PR2 3RW18, Linksfield, Preston, PR2 3RW
- Sold Oct 2023£179,995 | 3 Bed House17, Linksfield, Preston, PR2 3RW17, Linksfield, Preston, PR2 3RW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 32 addresses on Mill Lane, Fulwood, Preston, PR2, 1, Mill Lane, Preston comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the PR2 district.
More reading links
Schools Nearby
- 400mSt Anthony's Catholic Primary School, Preston
- 400mFulwood and Cadley Primary School
- 700mThe Roebuck School
- 500mOur Lady's Catholic High School
- 1.1kmFulwood Academy
- 1.4kmArchbishop Temple Church of England High School
More reading links
Public Transport Nearby
From 1, Mill Lane, Preston, the nearest station is Preston (Lancs), 2.5 kilometres away.
- 2.5kmPreston (Lancs)
- 6.4kmLostock Hall
- 6.4kmSalwick
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
