16, Gill Lane
16, Gill Lane
Description & Estimates
16, Gill Lane, Preston is recorded publicly as a modern leasehold house across 807 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Gill Lane, Preston is £281,078 and its rental estimate is £1,124 per month, given the available information and assuming reasonable condition.
Gill Lane, Walmer Bridge, Preston, PR4 falls within the PR4 postal district, in the borough of South Ribble.
Our Data Sources
16, Gill Lane, Preston has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated January 2015.
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 16, Gill Lane, Preston, we estimate a market value of £295,132 and a rental value of £1,180 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,403 and £1,045 per month respectively.
Recent Market Change
Over the last year, 16, Gill Lane, Preston has seen its estimated sale value move up by £1,300 (0.5%) and its estimated rental value increase by £38 per month (3.4%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
16, Gill Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Gill Lane, Preston completed on 11th September 2015 at £171,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 48.4% over the period since September 2015.
- Sold Sep 2015£171,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Gill Lane, Preston have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2023, was 17, Gill Lane, Preston, PR4 5GN, a leasehold house which sold for £195,000.
Read more about house prices in PR4.
- Sold Oct 2023£195,000 | 3 Bed House17, Gill Lane, Preston, PR4 5GN17, Gill Lane, Preston, PR4 5GN
- Sold Jan 2022£237,500 | 3 Bed House1, Farriers Fold, Preston, PR4 5DR1, Farriers Fold, Preston, PR4 5DR
- Sold Oct 2021£175,000 | 3 Bed House15, Gill Lane, Preston, PR4 5GN15, Gill Lane, Preston, PR4 5GN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 41 addresses on Gill Lane, Walmer Bridge, Preston, PR4, 16, Gill Lane, Preston comes out as the 29th largest and the 25th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 200mLittle Hoole Primary School
- 1.4kmLongton Primary School
- 1.5kmSt Oswald's Catholic Primary School, Longton
- 2.6kmHutton Church of England Grammar School
- 4.1kmAll Hallows Catholic High School
- 4.3kmTarleton Academy
More reading links
Public Transport Nearby
From 16, Gill Lane, Preston, the nearest station is Croston, 5.0 kilometres away.
- 5.0kmCroston
- 6.6kmLostock Hall
- 6.6kmLeyland
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
