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Bricks&Logic is a trading name of Urban Markets Ltd
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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42, Joe Lane, Preston is recorded publicly as a modern freehold house across 1,689 ft2 of internal area, sitting on a 360 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 42, Joe Lane, Preston is £348,265 and its rental estimate is £1,299 per month, given the available information and assuming reasonable condition.
Joe Lane, Catterall, Preston, PR3 falls within the PR3 postal district, in the borough of Wyre.
42, Joe Lane, Preston has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated March 2019.
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.
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 42, Joe Lane, Preston, we estimate a market value of £365,678 and a rental value of £1,364 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £323,886 and £1,208 per month respectively.
Over the last year, 42, Joe Lane, Preston has seen its estimated sale value decrease by £1,456 (0.4%) and its estimated rental value grow by £40 per month (3.1%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 42, Joe Lane, Preston as measuring 360 m2.
That makes it the 8th largest plot in the postcode, where 51 of the 66 other houses have recorded plot data.
42, Joe Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 42, Joe Lane, Preston completed on 28th March 2019 at £359,995 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 37.6% over the period since March 2019.
Over the past 2 years 3 properties similar to 42, Joe Lane, Preston have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2022, was 51, Cock Robin Lane, Preston, PR3 0HH, a freehold house which sold for £384,995.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 66 addresses on Joe Lane, Catterall, Preston, PR3, 42, Joe Lane, Preston comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £35k more expensive than the average property across the PR3 district.
From 42, Joe Lane, Preston, the nearest station is Salwick, 11.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Joe Lane, Preston, 45.0% of property is privately owned outright and 35.0% 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 42, Joe Lane, Preston, 16.2% of residents are recorded as possessing school level qualifications and 27.8% 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 42, Joe Lane, Preston, the average age was 49.6 and the most common age was 72.
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 42, Joe Lane, Preston, 0.3% 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 42, Joe Lane, Preston, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
