Melrose, Preston
Melrose, Preston
Description & Estimates
Melrose, Preston is recorded publicly as a modern freehold house across 1,313 ft2 of internal area, sitting on a 1,840 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Melrose, Preston is £501,039 and its rental estimate is £1,640 per month, given the available information and assuming reasonable condition.
Liverpool Road, Tarleton, Preston, PR4 falls within the PR4 postal district, in the borough of West Lancashire.
Our Data Sources
Melrose, Preston has 21 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated June 2023.
We combine this information with that 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
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 Melrose, Preston, we estimate a market value of £526,090 and a rental value of £1,722 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £465,966 and £1,525 per month respectively.
Recent Market Change
Over the last year, Melrose, Preston has seen its estimated sale value move down by £3,010 (0.6%) and its estimated rental value increase by £33 per month (2.0%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for Melrose, Preston as measuring 1,840 m2.
That makes it the 3rd largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
Melrose, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Melrose, Preston completed on 23rd May 2019 at £392,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.3% over the period since May 2019.
- Sold May 2019£392,500
- Sold Aug 1996£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Melrose, Preston have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2025, was 4, Orchard Meadow, Leyland, PR26 9BP, a leasehold house which sold for £425,000.
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
Of the 53 addresses on Liverpool Road, Tarleton, Preston, PR4, Melrose, Preston comes out as the 10th largest and the 4th most expensive in our analysis of the public data.
It is also £214k more expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 800mTarleton Holy Trinity CofE Primary School
- 2.4kmTarleton Community Primary School
- 2.5kmBretherton Endowed Church of England Voluntary Aided Primary School
- 1.7kmTarleton Academy
- 4.2kmBishop Rawstorne Church of England Academy
- 7.8kmBurscough Priory Academy
More reading links
Public Transport Nearby
From Melrose, Preston, the nearest station is Croston, 3.4 kilometres away.
- 3.4kmCroston
- 4.2kmRufford
- 7.0kmNew Lane
Available Internet Speeds
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.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
