40, Larch Lane
40, Larch Lane
Description & Estimates
40, Larch Lane, Preston is described in the public record as a modern apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Larch Lane, Preston is £137,993 and its rental estimate is £519 per month, given the available information and assuming reasonable condition.
Larch Lane, Cottam, Preston, PR4 falls within the PR4 postal district, in the borough of Preston.
Our Data Sources
40, Larch Lane, Preston has no 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 4 out of 5 and is considered of high 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 40, Larch Lane, Preston, we estimate a market value of £144,893 and a rental value of £545 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,334 and £483 per month respectively.
Recent Market Change
Over the last year, 40, Larch Lane, Preston has seen its estimated sale value move up by £129 (0.1%) and its estimated rental value increase by £15 per month (2.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
40, Larch Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Larch Lane, Preston have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 4, Larch Lane, Preston, PR4 0EN, a leasehold flat which sold for £128,500.
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 53 addresses on Larch Lane, Cottam, Preston, PR4, 40, Larch Lane, Preston comes out as the 50th largest and the 50th most expensive in our analysis of the public data.
It is also £149k less expensive than the average property across the PR4 district.
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Schools Nearby
- 500mCottam Primary School
- 600mLea Neeld's Endowed Church of England Primary School
- 1.1kmAshton Primary School
- 1.4kmAshton Community Science College
- 2.7kmOur Lady's Catholic High School
- 3.2kmFulwood Academy
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Public Transport Nearby
From 40, Larch Lane, Preston, the nearest station is Salwick, 3.5 kilometres away.
- 3.5kmSalwick
- 4.6kmPreston (Lancs)
- 7.6kmKirkham & Wesham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
