6, Spout Lane
6, Spout Lane
Description & Estimates
6, Spout Lane, Preston is described in the public record as a modern house with 2,002 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Spout Lane, Preston is £518,416 and its rental estimate is £1,468 per month, given the available information and assuming reasonable condition.
Spout Lane, Longridge, Preston, PR3 falls within the PR3 postal district, in the borough of Ribble Valley.
Our Data Sources
6, Spout Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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 6, Spout Lane, Preston, we estimate a market value of £544,337 and a rental value of £1,541 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £482,127 and £1,365 per month respectively.
Recent Market Change
Over the last year, 6, Spout Lane, Preston has seen its estimated sale value decline by £2,168 (0.4%) and its estimated rental value climb by £45 per month (3.1%). This results in an estimated gross rental yield of 3.4%.
Energy Efficiency
6, Spout Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Mar 2023.
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 6, Spout Lane, Preston have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2023, was 24, Spout Lane, Preston, PR3 3BZ, a freehold house which sold for £550,000.
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
Of the 24 addresses on Spout Lane, Longridge, Preston, PR3, 6, Spout Lane, Preston comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £205k more expensive than the average property across the PR3 district.
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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
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Public Transport Nearby
From 6, Spout Lane, Preston, the nearest station is Ramsgreave & Wilpshire, 9.3 kilometres away.
- 9.3kmRamsgreave & Wilpshire
- 9.7kmPreston (Lancs)
- 10.4kmLangho
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
