2, The Spinney
2, The Spinney
Description & Estimates
According to the public record, 2, The Spinney, Preston is a mid-century freehold house with 563 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Spinney, Preston is £194,946 and the estimated rental value is £889 per month.
The Spinney, Penwortham, Preston, PR1 is located in the borough of South Ribble within the PR1 postal district.
Our Data Sources
2, The Spinney, Preston has 2 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated November 2011.
We combine this information with that 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, The Spinney, Preston is in very good condition we estimate a sale value of £204,693 and a rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,300 and a rental value of £827 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, The Spinney, Preston has increased by £2,041 (1.0%), while its estimated rental value has grown by £35 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
2, The Spinney, Preston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 Nov 2011.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, 2, The Spinney, Preston was last sold on 28th August 2019 for £155,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2019, the market for similar properties has dropped by 26.5%.
- Sold Aug 2019£155,000
- Sold Nov 2015£113,000
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, The Spinney, Preston within a radius of 900 metres over the last 2 years.
The most recent example is 10, The Spinney, Preston, PR1 0NQ, a freehold house which sold for £215,000 on the 26th April 2024.
Read more about house prices in PR1.
- Sold Apr 2024£215,000 | 2 Bed House10, The Spinney, Preston, PR1 0NQ10, The Spinney, Preston, PR1 0NQ
- Sold Sep 2023£226,000 | 2 Bed House29, Moor Avenue, Preston, PR1 0ND29, Moor Avenue, Preston, PR1 0ND
- Sold Sep 2023£165,000 | 2 Bed House59, Moor Avenue, Preston, PR1 0NE59, Moor Avenue, Preston, PR1 0NE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
The Spinney, Penwortham, Preston, PR1 has a total of 11 addresses. According to our analysis of all the public data, 2, The Spinney, Preston is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in PR1.
More reading links
Schools Nearby
- 400mWhitefield Primary School
- 500mHowick Church Endowed Primary School
- 1.0kmPenwortham, St Teresa's Catholic Primary School
- 300mAll Hallows Catholic High School
- 1.0kmPenwortham Priory Academy
- 1.4kmPenwortham Girls' High School
More reading links
Public Transport Nearby
The closest station to 2, The Spinney, Preston is Preston (Lancs) station, which is 3.0 kilometres away.
- 3.0kmPreston (Lancs)
- 4.2kmLostock Hall
- 5.7kmBamber Bridge
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
