5, Grasmere Close
5, Grasmere Close
Description & Estimates
5, Grasmere Close, Preston is recorded publicly as a mid-century freehold house across 710 ft2 of internal area, sitting on a 231 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Grasmere Close, Preston is £176,494 and its rental estimate is £951 per month, given the available information and assuming reasonable condition.
Grasmere Close, Walton-Le-Dale, Preston, PR5 falls within the PR5 postal district, in the borough of South Ribble.
Our Data Sources
5, Grasmere Close, Preston has 3 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated March 2024.
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 5, Grasmere Close, Preston, we estimate a market value of £185,318 and a rental value of £998 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,139 and £884 per month respectively.
Recent Market Change
Over the last year, 5, Grasmere Close, Preston has seen its estimated sale value move down by £185 (0.1%) and its estimated rental value increase by £33 per month (3.5%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 5, Grasmere Close, Preston as measuring 231 m2.
That makes it the 10th largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
5, Grasmere Close, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Grasmere Close, Preston completed on 26th September 2024 at £183,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 11.2% over the period since September 2024.
- Sold Sep 2024£183,500
- Sold May 2015£123,000
- Sold Jul 2012£114,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Grasmere Close, Preston have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 14, Rydal Avenue, Preston, PR5 4RU, a freehold house which sold for £157,000.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Grasmere Close, Walton-Le-Dale, Preston, PR5, 5, Grasmere Close, Preston comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £33k less expensive than the average property across the PR5 district.
More reading links
Schools Nearby
- 400mWalton-le-Dale Community Primary School
- 600mSt Mary's and St Benedict's Roman Catholic Primary School
- 1.0kmBamber Bridge St Aidan's Church of England Primary School
- 600mBrownedge St Mary's Catholic High School
- 900mWalton-Le-Dale High School
- 1.1kmLostock Hall Academy
More reading links
Public Transport Nearby
From 5, Grasmere Close, Preston, the nearest station is Bamber Bridge, 1.1 kilometres away.
- 1.1kmBamber Bridge
- 1.8kmLostock Hall
- 3.5kmPreston (Lancs)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
