4, Spout Lane
4, Spout Lane
Description & Estimates
Public records show 4, 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.
4, Spout Lane, Preston has an estimated sale value of £508,221 and an estimated rental value of £1,439 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
4, Spout Lane, Preston has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
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 4, Spout Lane, Preston would be worth £533,632, with a potential rental value of £1,511 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £472,645, with a rental value of £1,338 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 4, Spout Lane, Preston has dropped by £2,125 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £44 (3.1%). The property's estimated gross yield is currently 3.4%.
Energy Efficiency
4, Spout Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Spout Lane, Preston last changed hands on 30th September 2022, selling for £495,000. 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 16.5% since September 2022.
- Sold Sep 2022£495,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 4, Spout Lane, Preston across the last 2 years.
Most recently, 24, Spout Lane, Preston, PR3 3BZ, a freehold house, sold at £550,000 on the 20th December 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 4, Spout Lane, Preston as the 8th largest and the 8th most expensive of the 24 addresses on Spout Lane, Longridge, Preston, PR3.
Against the PR3 postcode district average, it is £195k more expensive than the typical property.
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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 4, 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.
