43, Larch Lane
43, Larch Lane
Description & Estimates
43, Larch Lane, Preston is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 43, Larch Lane, Preston is £144,922 and its rental estimate is £542 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
43, Larch Lane, Preston has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated November 2020.
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
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 43, Larch Lane, Preston, we estimate a market value of £152,168 and a rental value of £569 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,778 and £504 per month respectively.
Recent Market Change
Over the last year, 43, Larch Lane, Preston has seen its estimated sale value grow by £135 (0.1%) and its estimated rental value climb by £15 per month (2.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
43, Larch Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 43, Larch Lane, Preston completed on 27th March 2020 at £129,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.0% over the period since March 2020.
- Sold Mar 2020£129,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Larch Lane, Preston have sold within a radius of 830 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, 43, Larch Lane, Preston comes out as the 40th largest and the 33rd most expensive in our analysis of the public data.
It is also £142k 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
More reading links
Public Transport Nearby
From 43, 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.
