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According to the public record, 8, Gorse Lane, Preston is a period freehold house with 731 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gorse Lane, Preston is £194,177 and the estimated rental value is £989 per month.
Gorse Lane, Tarleton, Preston, PR4 is located in the borough of West Lancashire within the PR4 postal district.
8, Gorse Lane, Preston has 21 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 8, Gorse Lane, Preston is in very good condition we estimate a sale value of £203,886 and a rental value of £1,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,585 and a rental value of £920 per month.
Over the last 12 months the sale value of 8 Gorse Lane Preston has increased by an estimated £5,528 (2.8%) and its rental value has increased by an estimated £41 per month (4.2%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 8, Gorse Lane, Preston sits on a plot of 242m2.
We have plot size data on 15 out of 18 other houses in the postcode and 8, Gorse Lane, Preston sits on the 13th largest plot.
8, Gorse Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Gorse Lane, Preston was last sold on 13th March 2015 for £124,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2015, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gorse Lane, Preston within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 90, Church Road, Preston, PR4 6UP, a freehold house which sold for £155,000 on the 2nd December 2020.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Lane, Tarleton, Preston, PR4 has a total of 68 addresses. According to our analysis of all the public data, 8, Gorse Lane, Preston is the 60th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in PR4.
The closest station to 8, Gorse Lane, Preston is Croston station which is 3.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 8, Gorse Lane, Preston, 62.9% of property is privately owned outright and 24.0% 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 8, Gorse Lane, Preston, 9.8% of residents are recorded as possessing school level qualifications and 33.8% 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 8, Gorse Lane, Preston, the average age was 45.3 and the most common age was 57.
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 8, Gorse Lane, Preston, 4.1% 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 8, Gorse Lane, Preston, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.