18, Spout Lane
18, Spout Lane
Description & Estimates
According to the public record, 18, Spout Lane, Preston is a modern freehold house with 1,969 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Spout Lane, Preston is £513,487 and the estimated rental value is £1,454 per month.
Spout Lane, Longridge, Preston, PR3 is located in the borough of Ribble Valley within the PR3 postal district.
Our Data Sources
18, Spout Lane, Preston has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 2023.
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, Spout Lane, Preston is in very good condition we estimate a sale value of £539,161 and a rental value of £1,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,543 and a rental value of £1,352 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Spout Lane, Preston has decreased by £2,147 (0.4%), while its estimated rental value has grown by £45 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Energy Efficiency
18, Spout Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2023.
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, Spout Lane, Preston was last sold on 12th June 2023 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has risen by 16.4%.
- Sold Jun 2023£550,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Spout Lane, Preston within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 24, Spout Lane, Preston, PR3 3BZ, a freehold house which sold for £550,000 on the 20th December 2023.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Spout Lane, Longridge, Preston, PR3 has a total of 24 addresses. According to our analysis of all the public data, 18, Spout Lane, Preston is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in PR3.
More reading links
Schools Nearby
- 1.2kmAlston Lane Catholic Primary School, Longridge
- 1.3kmLongridge Church of England Primary School
- 1.6kmLongridge St Wilfrid's Roman Catholic Primary School
- 700mSt Cecilia's RC High School
- 800mLongridge High School
- 7.7kmCorpus Christi Catholic High School
More reading links
Public Transport Nearby
The closest station to 18, Spout Lane, Preston is Ramsgreave & Wilpshire station, which is 9.3 kilometres away.
- 9.3kmRamsgreave & Wilpshire
- 9.7kmPreston (Lancs)
- 10.4kmLangho
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
