2, Spring Bank
2, Spring Bank
Description & Estimates
2, Spring Bank, Preston appears in the public record as a freehold house sitting on a 446 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,248 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2, Spring Bank, Preston is £442,215 and its rental estimate is £1,388 per month, given the available information and assuming reasonable condition.
Spring Bank, Garstang, Preston, PR3 falls within the PR3 postal district, in the borough of Wyre.
Our Data Sources
2, Spring Bank, Preston has 41 entries in the Land Registry , most recently in April 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Spring Bank, Preston, we estimate a market value of £464,326 and a rental value of £1,457 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £411,260 and £1,291 per month respectively.
Recent Market Change
Over the last year, 2, Spring Bank, Preston has seen its estimated sale value drop by £1,849 (0.4%) and its estimated rental value rise by £43 per month (3.1%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 2, Spring Bank, Preston as measuring 446 m2.
That makes it the 6th largest plot in the postcode, where all 11 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Spring Bank, Preston completed on 6th April 2009 at £307,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 33.2% over the period since April 2009.
- Sold Apr 2009£307,500
- Sold Oct 2007£360,000
- Sold Mar 2004£318,550
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Spring Bank, Preston have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2023, was 1, Crowther Close, Preston, PR3 1FW, a freehold house which sold for £435,000.
Read more about house prices in PR3.
- Sold Oct 2023£435,000 | 4 Bed House1, Crowther Close, Preston, PR3 1FW1, Crowther Close, Preston, PR3 1FW
- Sold Nov 2022£380,000 | 4 Bed House2, Crowther Close, Preston, PR3 1FW2, Crowther Close, Preston, PR3 1FW
- Sold Oct 2022£495,000 | 4 Bed House6, Spring Bank, Preston, PR3 1QX6, Spring Bank, Preston, PR3 1QX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Spring Bank, Garstang, Preston, PR3, 2, Spring Bank, Preston comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the PR3 district.
More reading links
Schools Nearby
- 400mSt Mary and St Michael's Catholic Primary School, Garstang
- 700mGarstang St Thomas' Church of England Primary School
- 1.3kmGarstang Community Primary School
- 700mGarstang Community Academy
- 10.1kmBroughton High School
- 12.4kmFulwood Academy
More reading links
Public Transport Nearby
From 2, Spring Bank, Preston, the nearest station is Salwick, 12.9 kilometres away.
- 12.9kmSalwick
- 13.9kmKirkham & Wesham
- 15.2kmPoulton-le-Fylde
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.
