2, Bank Croft
2, Bank Croft
Description & Estimates
2, Bank Croft, Preston is recorded publicly as a mid-century freehold house across 1,280 ft2 of internal area, sitting on a 371 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Bank Croft, Preston is £305,824 and its rental estimate is £1,317 per month, given the available information and assuming reasonable condition.
Bank Croft, Longton, Preston, PR4 falls within the PR4 postal district, in the borough of South Ribble.
Our Data Sources
2, Bank Croft, Preston has 2 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Bank Croft, Preston, we estimate a market value of £321,115 and a rental value of £1,383 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £284,416 and £1,225 per month respectively.
Recent Market Change
Over the last year, 2, Bank Croft, Preston has seen its estimated sale value move down by £1,837 (0.6%) and its estimated rental value increase by £26 per month (2.0%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, Bank Croft, Preston as measuring 371 m2.
That makes it the 7th largest plot in the postcode, where 27 of the 28 other houses have recorded plot data.
Energy Efficiency
2, Bank Croft, Preston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Bank Croft, Preston completed on 28th July 2023 at £336,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.8% over the period since July 2023.
- Sold Jul 2023£336,000
- Sold Aug 2018£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Bank Croft, Preston have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th February 2023, was 82, School Lane, Preston, PR4 5ZA, a freehold house which sold for £245,000.
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
Of the 52 addresses on Bank Croft, Longton, Preston, PR4, 2, Bank Croft, Preston comes out as the 2nd largest and the 4th most expensive in our analysis of the public data.
It is also £19k more expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 200mLongton Primary School
- 600mSt Oswald's Catholic Primary School, Longton
- 1.5kmLittle Hoole Primary School
- 1.8kmHutton Church of England Grammar School
- 3.5kmAll Hallows Catholic High School
- 4.1kmPenwortham Priory Academy
More reading links
Public Transport Nearby
From 2, Bank Croft, Preston, the nearest station is Croston, 6.3 kilometres away.
- 6.3kmCroston
- 6.4kmPreston (Lancs)
- 6.6kmLostock Hall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
