2 Spring Cottage, Preston
2 Spring Cottage, Preston
Description & Estimates
According to the public record, 2 Spring Cottage, Preston is a period house with 1,173 ft2 of internal area and sits on a 358 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 2 Spring Cottage, Preston is £220,522 and the estimated rental value is £1,168 per month.
Ray Lane, Barnacre, Preston, PR3 is located in the borough of Wyre within the PR3 postal district.
Our Data Sources
2 Spring Cottage, Preston has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 2 Spring Cottage, Preston is in very good condition we estimate a sale value of £231,549 and a rental value of £1,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,086 and a rental value of £1,086 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 Spring Cottage, Preston has moved down by £87 (0.0%), while its estimated rental value has increased by £40 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Plot Size
According to data from HM Land Registry, 2 Spring Cottage, Preston sits on a plot of 358 m2.
Energy Efficiency
2 Spring Cottage, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Spring Cottage, Preston within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Station House, Kenlis Road, Preston, PR3 1GD, a freehold house which sold for £238,000 on the 29th November 2024.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ray Lane, Barnacre, Preston, PR3 has a total of 3 addresses. According to our analysis of all the public data, 2 Spring Cottage, Preston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in PR3.
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Schools Nearby
- 1.7kmSt Mary and St Michael's Catholic Primary School, Garstang
- 2.1kmSt Mary's Catholic Primary School, Claughton-on-Brock
- 2.3kmGarstang St Thomas' Church of England Primary School
- 1.0kmGarstang Community Academy
- 9.2kmBroughton High School
- 11.5kmFulwood Academy
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Public Transport Nearby
The closest station to 2 Spring Cottage, Preston is Salwick station, which is 12.7 kilometres away.
- 12.7kmSalwick
- 14.2kmKirkham & Wesham
- 14.9kmPreston (Lancs)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
