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According to the public record, 2, Lake View, Preston is a modern freehold house with 2,798 ft2 of internal area and sits on a 1,594 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lake View, Preston is £707,722 and the estimated rental value is £1,506 per month.
Lake View, Longridge, Preston, PR3 is located in the borough of Ribble Valley within the PR3 postal district.
2, Lake View, Preston has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Lake View, Preston is in very good condition we estimate a sale value of £743,108 and a rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £658,182 and a rental value of £1,400 per month.
Over the last 12 months the sale value of 2 Lake View Preston has increased by an estimated £4,034 (0.6%) and its rental value has increased by an estimated £37 per month (2.4%), giving an expected gross yield of 2.6%.
According to data from HM Land Registry, 2, Lake View, Preston sits on a plot of 1594m2.
2, Lake View, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Lake View, Preston was last sold on 28th June 2021 for £585,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lake View, Preston within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 1, Lake View, Preston, PR3 3BF, a freehold house which sold for £585,000 on the 5th June 2015.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake View, Longridge, Preston, PR3 has a total of 2 addresses. According to our analysis of all the public data, 2, Lake View, Preston is the largest and the most expensive property on the street.
When compared to the postcode district it is £391k more expensive than the average property in PR3.
The closest station to 2, Lake View, Preston is Ramsgreave & Wilpshire station which is 9.4 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, Lake View, Preston, 45.3% of property is privately owned with a mortgage and 39.1% is privately owned outright.
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, Lake View, Preston, 20.2% of residents are recorded as possessing school level qualifications and 39.3% 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, Lake View, Preston, the average age was 43.8 and the most common age was 57.
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, Lake View, Preston, 0.5% 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, Lake View, Preston, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
