29, Mill Lane
29, Mill Lane
Description & Estimates
29, Mill Lane, Preston is described in the public record as a mid-century apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 29, Mill Lane, Preston is £92,912 and its rental estimate is £696 per month, given the available information and assuming reasonable condition.
Mill Lane, Fulwood, Preston, PR2 falls within the PR2 postal district, in the borough of Preston.
Our Data Sources
29, Mill Lane, Preston has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2019.
We combine this information with public data 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 29, Mill Lane, Preston, we estimate a market value of £97,558 and a rental value of £731 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,408 and £647 per month respectively.
Recent Market Change
Over the last year, 29, Mill Lane, Preston has seen its estimated sale value grow by £152 (0.2%) and its estimated rental value climb by £25 per month (3.6%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
29, Mill Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 29, Mill Lane, Preston completed on 18th August 2003 at £29,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Aug 2003£29,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Mill Lane, Preston have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 15, Millbank, Preston, PR2 3SF, a leasehold flat which sold for £91,000.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 32 addresses on Mill Lane, Fulwood, Preston, PR2, 29, Mill Lane, Preston comes out as the 23rd largest and the 23rd most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the PR2 district.
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Schools Nearby
- 400mSt Anthony's Catholic Primary School, Preston
- 400mFulwood and Cadley Primary School
- 700mThe Roebuck School
- 500mOur Lady's Catholic High School
- 1.1kmFulwood Academy
- 1.4kmArchbishop Temple Church of England High School
More reading links
Public Transport Nearby
From 29, Mill Lane, Preston, the nearest station is Preston (Lancs), 2.5 kilometres away.
- 2.5kmPreston (Lancs)
- 6.4kmLostock Hall
- 6.4kmSalwick
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
