24, Spout Lane
24, Spout Lane
Description & Estimates
Public records show 24, Spout Lane, Preston to be a modern freehold house with 1,969 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
24, Spout Lane, Preston has an estimated sale value of £514,011 and an estimated rental value of £1,455 per month, assuming reasonable condition and based on the information available.
Spout Lane, Longridge, Preston, PR3 lies in the borough of Ribble Valley, within the PR3 postal district.
Our Data Sources
24, Spout Lane, Preston has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2023.
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
In very good condition, we estimate 24, Spout Lane, Preston would be worth £539,711, with a potential rental value of £1,528 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £478,030, with a rental value of £1,353 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 24, Spout Lane, Preston has decreased by £2,150 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £45 (3.1%). The property's estimated gross yield is currently 3.4%.
Energy Efficiency
24, Spout Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Spout Lane, Preston last changed hands on 20th December 2023, selling for £550,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.5% since December 2023.
- Sold Dec 2023£550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 24, Spout Lane, Preston across the last 2 years.
Most recently, 22, Spout Lane, Preston, PR3 3BZ, a freehold house, sold at £550,000 on the 17th November 2023.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 24, Spout Lane, Preston as the 5th largest and the 5th most expensive of the 24 addresses on Spout Lane, Longridge, Preston, PR3.
Against the PR3 postcode district average, it is £201k more expensive than the typical property.
More reading links
Schools Nearby
- 1.2kmAlston Lane Catholic Primary School, Longridge
- 1.3kmLongridge Church of England Primary School
- 1.6kmLongridge St Wilfrid's Roman Catholic Primary School
- 700mSt Cecilia's RC High School
- 800mLongridge High School
- 7.7kmCorpus Christi Catholic High School
More reading links
Public Transport Nearby
Ramsgreave & Wilpshire station is the nearest stop to 24, Spout Lane, Preston at 9.3 kilometres away.
- 9.3kmRamsgreave & Wilpshire
- 9.7kmPreston (Lancs)
- 10.4kmLangho
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
