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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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According to the public record, 7, Spen Lane, Preston is a modern house with 1,894 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Spen Lane, Preston is £475,601 and the estimated rental value is £1,496 per month.
Spen Lane, Treales, Preston, PR4 is located in the borough of Fylde within the PR4 postal district.
7, Spen Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Spen Lane, Preston is in very good condition we estimate a sale value of £499,381 and a rental value of £1,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,309 and a rental value of £1,391 per month.
Over the last 12 months the sale value of 7 Spen Lane Preston has decreased by an estimated £4,077 (0.9%) and its rental value has increased by an estimated £23 per month (1.5%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 7, Spen Lane, Preston sits on a plot of 369m2.
We have plot size data on 8 out of 9 other houses in the postcode and 7, Spen Lane, Preston sits on the 6th largest plot.
7, Spen Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spen Lane, Preston within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 12, Foundry Court, Preston, PR4 3EX, a freehold house which sold for £175,000 on the 22nd January 2021.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spen Lane, Treales, Preston, PR4 has a total of 9 addresses. According to our analysis of all the public data, 7, Spen Lane, Preston is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in PR4.
The closest station to 7, Spen Lane, Preston is Salwick station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Spen Lane, Preston, 51.9% of property is privately owned outright and 38.6% 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 7, Spen Lane, Preston, 14.3% of residents are recorded as possessing school level qualifications and 43.0% 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 7, Spen Lane, Preston, the average age was 44.6 and the most common age was 52.
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 7, Spen Lane, Preston, 2.4% 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 7, Spen Lane, Preston, there are an average of 2.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
