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According to the public record, 2 Red Lion Barn, Preston is a period freehold house with 1,991 ft2 of internal area and sits on a 1,178 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 Red Lion Barn, Preston is £584,450 and the estimated rental value is £1,776 per month.
Catforth Road, Catforth, Preston, PR4 is located in the borough of Preston within the PR4 postal district.
2 Red Lion Barn, Preston has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated August 2021.
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 Red Lion Barn, Preston is in very good condition we estimate a sale value of £613,673 and a rental value of £1,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,539 and a rental value of £1,652 per month.
Over the last 12 months the sale value of 2 Red Lion Barn Preston has decreased by an estimated £1,875 (0.3%) and its rental value has increased by an estimated £32 per month (1.8%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 2 Red Lion Barn, Preston sits on a plot of 1178m2.
We have plot size data on 40 out of 47 other houses in the postcode and 2 Red Lion Barn, Preston sits on the 14th largest plot.
2 Red Lion Barn, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Aug 2021.
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 Red Lion Barn, Preston was last sold on 30th March 2023 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Red Lion Barn, Preston within a radius of 3.3 kilometres over the last 2 years.
The most recent example is Yew Tree Farm, Catforth Road, Preston, PR4 0HH, a freehold house which sold for £605,000 on the 23rd October 2024.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Catforth Road, Catforth, Preston, PR4 has a total of 65 addresses. According to our analysis of all the public data, 2 Red Lion Barn, Preston is the 21st largest and the 16th most expensive property on the street.
When compared to the postcode district it is £297k more expensive than the average property in PR4.
The closest station to 2 Red Lion Barn, Preston is Salwick station which is 4.3 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Red Lion Barn, Preston, 60.5% of property is privately owned outright and 29.3% 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 Red Lion Barn, Preston, 20.8% of residents are recorded as possessing school level qualifications and 34.3% 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 Red Lion Barn, 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 Red Lion Barn, Preston, 1.0% 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 Red Lion Barn, Preston, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.