18, Larch Lane
18, Larch Lane
Description & Estimates
According to the public record, 18, Larch Lane, Preston is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Larch Lane, Preston is £144,290 and the estimated rental value is £540 per month.
Larch Lane, Cottam, Preston, PR4 is located in the borough of Preston within the PR4 postal district.
Our Data Sources
18, Larch Lane, Preston has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated March 2019.
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
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 18, Larch Lane, Preston is in very good condition we estimate a sale value of £151,505 and a rental value of £567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,190 and a rental value of £502 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Larch Lane, Preston has grown by £134 (0.1%), while its estimated rental value has climbed by £15 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Energy Efficiency
18, Larch Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 18, Larch Lane, Preston was last sold on 28th November 2018 for £137,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has risen by 7.8%.
- Sold Nov 2018£137,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Larch Lane, Preston within a radius of 810 metres over the last 2 years.
The most recent example is 4, Larch Lane, Preston, PR4 0EN, a leasehold flat which sold for £128,500 on the 26th April 2024.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Larch Lane, Cottam, Preston, PR4 has a total of 53 addresses. According to our analysis of all the public data, 18, Larch Lane, Preston is the 33rd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in PR4.
More reading links
Schools Nearby
- 500mCottam Primary School
- 600mLea Neeld's Endowed Church of England Primary School
- 1.1kmAshton Primary School
- 1.4kmAshton Community Science College
- 2.7kmOur Lady's Catholic High School
- 3.2kmFulwood Academy
More reading links
Public Transport Nearby
The closest station to 18, Larch Lane, Preston is Salwick station, which is 3.5 kilometres away.
- 3.5kmSalwick
- 4.6kmPreston (Lancs)
- 7.6kmKirkham & Wesham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
