24, Oak Lane
24, Oak Lane
Description & Estimates
24, Oak Lane, Preston is recorded publicly as a period freehold house across 2,701 ft2 of internal area, sitting on a 4,792 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 24, Oak Lane, Preston is £675,435 and its rental estimate is £2,109 per month, given the available information and assuming reasonable condition.
Oak Lane, Newton, Preston, PR4 falls within the PR4 postal district, in the borough of Fylde.
Our Data Sources
24, Oak Lane, Preston has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated January 2022.
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.
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 24, Oak Lane, Preston, we estimate a market value of £709,207 and a rental value of £2,214 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £628,155 and £1,961 per month respectively.
Recent Market Change
Over the last year, 24, Oak Lane, Preston has seen its estimated sale value fall by £5,790 (0.9%) and its estimated rental value move up by £33 per month (1.5%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 24, Oak Lane, Preston as measuring 4,792 m2.
That makes it the largest plot in the postcode, where 17 of the 22 other houses have recorded plot data.
Energy Efficiency
24, Oak Lane, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 24, Oak Lane, Preston completed on 5th December 2022 at £655,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.0% over the period since December 2022.
- Sold Dec 2022£655,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 24, Oak Lane, Preston have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th September 2020, was Dibbs Cottage, Brades Lane, Preston, PR4 1HG, a freehold house which sold for £492,500.
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 22 addresses on Oak Lane, Newton, Preston, PR4, 24, Oak Lane, Preston comes out as the largest and the most expensive in our analysis of the public data.
It is also £388k more expensive than the average property across the PR4 district.
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Schools Nearby
- 600mNewton Bluecoat Church of England Primary School
- 1.9kmStrike Lane Primary School
- 2.1kmFreckleton Church of England Primary School
- 2.0kmCarr Hill High School
- 6.0kmAshton Community Science College
- 6.5kmHutton Church of England Grammar School
More reading links
Public Transport Nearby
From 24, Oak Lane, Preston, the nearest station is Salwick, 2.0 kilometres away.
- 2.0kmSalwick
- 3.3kmKirkham & Wesham
- 6.7kmMoss Side
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.
