17, Mere Lane
17, Mere Lane
Description & Estimates
According to the public record, 17, Mere Lane, Preston is an early-century freehold house with 1,008 ft2 of internal area and sits on a 747 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Mere Lane, Preston is £317,514 and the estimated rental value is £1,096 per month.
Mere Lane, Mere Brow, Preston, PR4 is located in the borough of West Lancashire within the PR4 postal district.
Our Data Sources
17, Mere Lane, Preston has 31 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated July 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 17, Mere Lane, Preston is in very good condition we estimate a sale value of £333,390 and a rental value of £1,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,288 and a rental value of £1,020 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 17, Mere Lane, Preston has risen by £1,468 (0.5%), while its estimated rental value has moved up by £37 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 17, Mere Lane, Preston sits on a plot of 747 m2.
We have plot size data on 7 out of 10 other houses in the postcode and 17, Mere Lane, Preston sits on the 4th largest plot.
Energy Efficiency
17, Mere Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 17, Mere Lane, Preston was last sold on 18th January 2021 for £268,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2021, the market for similar properties has dropped by 10.8%.
- Sold Jan 2021£268,000
- Sold Dec 2016£227,500
- Sold Feb 1998£60,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Mere Lane, Preston within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 1, The Gravel, Preston, PR4 6JX, a freehold house which sold for £225,000 on the 31st March 2022.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mere Lane, Mere Brow, Preston, PR4 has a total of 10 addresses. According to our analysis of all the public data, 17, Mere Lane, Preston is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in PR4.
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Schools Nearby
- 1.2kmHolmeswood Methodist School
- 1.6kmTarleton Mere Brow Church of England Primary School
- 3.9kmBanks St Stephen's CofE School
- 5.0kmTarleton Academy
- 5.8kmBurscough Priory Academy
- 6.5kmMeols Cop High School
More reading links
Public Transport Nearby
The closest station to 17, Mere Lane, Preston is Bescar Lane station, which is 3.8 kilometres away.
- 3.8kmBescar Lane
- 4.3kmNew Lane
- 4.9kmRufford
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
