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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 27, Wallace Lane, Preston to be a mid-century freehold house with 1,108 ft2 of internal area, sitting on a 518 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
27, Wallace Lane, Preston has an estimated sale value of £294,776 and an estimated rental value of £1,259 per month, assuming reasonable condition and based on the information available.
Wallace Lane, Forton, Preston, PR3 lies in the borough of Wyre, within the PR3 postal district.
27, Wallace Lane, Preston has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated October 2018.
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.
In very good condition, we estimate 27, Wallace Lane, Preston would be worth £309,515, with a potential rental value of £1,322 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £274,142, with a rental value of £1,171 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 27, Wallace Lane, Preston has fallen by £116 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £43 (3.4%). The property's estimated gross yield is currently 5.1%.
27, Wallace Lane, Preston occupies a 518 m2 plot as recorded by HM Land Registry.
Of the 40 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 16th largest.
27, Wallace Lane, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
27, Wallace Lane, Preston last changed hands on 30th June 2023, selling for £273,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 2.5% since June 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 27, Wallace Lane, Preston across the last 2 years.
Most recently, 20, Lunesdale Drive, Preston, PR3 0BH, a freehold house, sold at £357,500 on the 15th September 2025.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 27, Wallace Lane, Preston as the 46th largest and the 47th most expensive of the 60 addresses on Wallace Lane, Forton, Preston, PR3.
Against the PR3 postcode district average, it is £19k less expensive than the typical property.
Lancaster station is the nearest stop to 27, Wallace Lane, Preston at 10.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Wallace Lane, Preston, 53.5% of property is privately owned outright and 35.7% 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 27, Wallace Lane, Preston, 18.6% of residents are recorded as possessing school level qualifications and 48.0% 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 27, Wallace Lane, Preston, the average age was 44 and the most common age was 17.
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 27, Wallace Lane, Preston, 1.2% 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 27, Wallace Lane, 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.
