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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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8, Station Lane, Preston is recorded publicly as a period freehold house across 1,001 ft2 of internal area, sitting on a 50.4 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Station Lane, Preston is £241,630 and its rental estimate is £1,187 per month, given the available information and assuming reasonable condition.
Station Lane, Scorton, Preston, PR3 falls within the PR3 postal district, in the borough of Wyre.
8, Station Lane, Preston has 31 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 8, Station Lane, Preston, we estimate a market value of £253,711 and a rental value of £1,246 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,716 and £1,104 per month respectively.
Over the last year, 8, Station Lane, Preston has seen its estimated sale value drop by £95 (0.0%) and its estimated rental value rise by £40 per month (3.4%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 8, Station Lane, Preston as measuring 50 m2.
That makes it the 20th largest plot in the postcode, where 25 of the 31 other houses have recorded plot data.
8, Station Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Station Lane, Preston completed on 7th July 2022 at £210,000 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 2.5% over the period since July 2022.
Over the past 2 years 3 properties similar to 8, Station Lane, Preston have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th May 2021, was 2, Brook Avenue, Preston, PR3 1AR, a freehold house which sold for £185,000.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 47 addresses on Station Lane, Scorton, Preston, PR3, 8, Station Lane, Preston comes out as the 37th largest and the 30th most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the PR3 district.
From 8, Station Lane, Preston, the nearest station is Lancaster, 13.1 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Station Lane, Preston, 47.1% of property is privately owned outright and 28.7% 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, Station Lane, Preston, 16.5% of residents are recorded as possessing school level qualifications and 39.2% 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, Station Lane, Preston, the average age was 44 and the most common age was 17.
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, Station Lane, Preston, 1.7% 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, Station 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.
