7, Mere Brow Lane
7, Mere Brow Lane
Description & Estimates
The public record describes 7, Mere Brow Lane, Preston as a period house with 1,851 ft2 of internal area, sitting on a 2,009 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
7, Mere Brow Lane, Preston has an estimated sale value of £371,584 and an estimated rental value of £1,429 per month, assuming reasonable condition and based on the information available.
Mere Brow Lane, Mere Brow, Preston, PR4 lies in the borough of West Lancashire, within the PR4 postal district.
Our Data Sources
7, Mere Brow Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated November 2016.
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
In very good condition, we estimate 7, Mere Brow Lane, Preston would be worth £390,163, with a potential rental value of £1,501 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £345,573, with a rental value of £1,329 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Mere Brow Lane, Preston has dropped by £3,185 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (1.5%). The property's estimated gross yield is currently 4.6%.
Plot Size
7, Mere Brow Lane, Preston occupies a 2,009 m2 plot as recorded by HM Land Registry.
Of the 39 other houses in this postcode, 33 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
7, Mere Brow Lane, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Nov 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.2 kilometres of 7, Mere Brow Lane, Preston across the last 2 years.
Most recently, 9, Mere Brow Lane, Preston, PR4 6JP, a freehold house, sold at £375,000 on the 2nd December 2021.
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
Our analysis of the public data ranks 7, Mere Brow Lane, Preston as the 5th largest and the 6th most expensive of the 39 addresses on Mere Brow Lane, Mere Brow, Preston, PR4.
Against the PR4 postcode district average, it is £85k more expensive than the typical property.
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Schools Nearby
- 700mTarleton Mere Brow Church of England Primary School
- 2.3kmHolmeswood Methodist School
- 3.0kmBanks St Stephen's CofE School
- 3.9kmTarleton Academy
- 6.5kmStanley High School
- 7.0kmMeols Cop High School
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Public Transport Nearby
Bescar Lane station is the nearest stop to 7, Mere Brow Lane, Preston at 5.1 kilometres away.
- 5.1kmBescar Lane
- 5.5kmRufford
- 5.8kmNew Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
