3, Parker Lane
3, Parker Lane
Description & Estimates
3, Parker Lane, Preston appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,506 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 3, Parker Lane, Preston is £564,419 and its rental estimate is £1,761 per month, given the available information and assuming reasonable condition.
Parker Lane, Whitestake, Preston, PR4 falls within the PR4 postal district, in the borough of South Ribble.
Our Data Sources
3, Parker Lane, Preston has a single entry in the Land Registry from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Parker Lane, Preston, we estimate a market value of £592,640 and a rental value of £1,849 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £524,909 and £1,638 per month respectively.
Recent Market Change
Over the last year, 3, Parker Lane, Preston has seen its estimated sale value decline by £3,391 (0.6%) and its estimated rental value climb by £35 per month (2.0%). This results in an estimated gross rental yield of 3.7%.
Sold Prices
The most recent sale of 3, Parker Lane, Preston completed on 26th January 2007 at £422,500 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 28.2% over the period since January 2007.
- Sold Jan 2007£422,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Parker Lane, Preston have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st February 2024, was Hazelwood, Newgate Lane, Preston, PR4 4JU, a freehold house which sold for £590,000.
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 25 addresses on Parker Lane, Whitestake, Preston, PR4, 3, Parker Lane, Preston comes out as the 12th largest and the 9th most expensive in our analysis of the public data.
It is also £277k more expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 1.3kmNew Longton All Saints CofE Primary School
- 1.7kmPenwortham Broad Oak Primary School
- 1.8kmFarington Moss St. Paul's C.E. Primary School
- 2.3kmAll Hallows Catholic High School
- 2.9kmHutton Church of England Grammar School
- 3.1kmLostock Hall Academy
More reading links
Public Transport Nearby
From 3, Parker Lane, Preston, the nearest station is Lostock Hall, 2.6 kilometres away.
- 2.6kmLostock Hall
- 3.5kmLeyland
- 4.2kmPreston (Lancs)
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
