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According to the public record, 2 High Spring Cottage, Preston is a period freehold house with 753 ft2 of internal area and sits on a 348 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 High Spring Cottage, Preston is £255,705 and the estimated rental value is £967 per month.
Miller Lane, Catforth, Preston, PR4 is located in the borough of Preston within the PR4 postal district.
2 High Spring Cottage, Preston has 3 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated November 2023.
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.
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 2 High Spring Cottage, Preston is in very good condition we estimate a sale value of £268,491 and a rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,806 and a rental value of £900 per month.
Over the last 12 months the sale value of 2 High Spring Cottage Preston has increased by an estimated £7,279 (2.8%) and its rental value has increased by an estimated £40 per month (4.2%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2 High Spring Cottage, Preston sits on a plot of 348m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2 High Spring Cottage, Preston sits on the 3rd largest plot.
2 High Spring Cottage, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2 High Spring Cottage, Preston was last sold on 29th November 2024 for £265,786 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2024, the market for similar properties has dropped 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 High Spring Cottage, Preston within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 10, Scholars Chase, Preston, PR4 0JS, a leasehold house which sold for £108,620 on the 13th July 2023.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Miller Lane, Catforth, Preston, PR4 has a total of 3 addresses. According to our analysis of all the public data, 2 High Spring Cottage, Preston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in PR4.
The closest station to 2 High Spring Cottage, Preston is Salwick station which is 3.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 High Spring Cottage, Preston, 54.8% of property is privately owned outright and 30.8% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 High Spring Cottage, Preston, 18.0% of residents are recorded as possessing school level qualifications and 41.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 High Spring Cottage, Preston, the average age was 40.2 and the most common age was 37.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 High Spring Cottage, Preston, 1.2% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 High Spring Cottage, Preston, there are an average of 2.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.