348A, Chapel Lane
348A, Chapel Lane
Description & Estimates
The public record describes 348A, Chapel Lane, Preston as a period apartment with 893 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
348A, Chapel Lane, Preston has an estimated sale value of £167,230 and an estimated rental value of £623 per month, assuming reasonable condition and based on the information available.
Chapel Lane, New Longton, Preston, PR4 lies in the borough of South Ribble, within the PR4 postal district.
Our Data Sources
348A, Chapel Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated February 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.
Price Range & Condition
In very good condition, we estimate 348A, Chapel Lane, Preston would be worth £175,592, with a potential rental value of £654 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £155,524, with a rental value of £579 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 348A, Chapel Lane, Preston has moved up by £1,717 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £24 (3.8%). The property's estimated gross yield is currently 4.5%.
Energy Efficiency
348A, Chapel Lane, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. 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 1.4 kilometres of 348A, Chapel Lane, Preston across the last 2 years.
Most recently, Flat 2, Mill Lodge 45, Station Road, Preston, PR4 4LP, a leasehold flat, sold at £127,000 on the 31st January 2023.
Read more about house prices in PR4.
- Sold Jan 2023£127,000 | 2 Bed FlatMill Lodge 45, Station RoadFlat 2, Mill Lodge 45, Station Road, Preston, PR4 4LP
- Sold Nov 2022£169,950 | 2 Bed FlatHalliwell Crescent19, Halliwell Crescent, Preston, PR4 4BL
- Sold Dec 2013£125,000 | 2 Bed FlatHalliwell Crescent5, Halliwell Crescent, Preston, PR4 4BL
•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 348A, Chapel Lane, Preston as the 118th largest and the 123rd most expensive of the 129 addresses on Chapel Lane, New Longton, Preston, PR4.
Against the PR4 postcode district average, it is £120k less expensive than the typical property.
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Schools Nearby
- 500mNew Longton All Saints CofE Primary School
- 1.4kmHowick Church Endowed Primary School
- 1.8kmPenwortham Broad Oak Primary School
- 1.2kmHutton Church of England Grammar School
- 1.4kmAll Hallows Catholic High School
- 2.6kmPenwortham Priory Academy
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Public Transport Nearby
Lostock Hall station is the nearest stop to 348A, Chapel Lane, Preston at 4.0 kilometres away.
- 4.0kmLostock Hall
- 4.3kmPreston (Lancs)
- 5.1kmLeyland
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.
