Mill Cottage, Preston
Mill Cottage, Preston
Description & Estimates
Public records show Mill Cottage, Preston to be a period freehold house with 2,378 ft2 of internal area, sitting on a 1,561 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Mill Cottage, Preston has an estimated sale value of £486,358 and an estimated rental value of £1,923 per month, assuming reasonable condition and based on the information available.
Cottam Lane, Ingol, Preston, PR2 lies in the borough of Preston, within the PR2 postal district.
Our Data Sources
Mill Cottage, Preston has 31 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated August 2015.
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
In very good condition, we estimate Mill Cottage, Preston would be worth £510,676, with a potential rental value of £2,019 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £452,313, with a rental value of £1,788 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 Mill Cottage, Preston has dropped by £5,448 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £48 (2.5%). The property's estimated gross yield is currently 4.7%.
Plot Size
Mill Cottage, Preston occupies a 1,561 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Mill Cottage, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2015.
The property is connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Mill Cottage, Preston last changed hands on 16th February 2018, selling for £380,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 43.2% since February 2018.
- Sold Feb 2018£380,000
- Sold May 2002£151,250
- Sold Jul 1998£90,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 670 metres of Mill Cottage, Preston across the last 2 years.
Most recently, 13, Cottam Lane, Preston, PR2 1JR, a freehold house, sold at £350,000 on the 29th November 2013.
Read more about house prices in PR2.
•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 Mill Cottage, Preston as the 3rd largest and the most expensive of the 10 addresses on Cottam Lane, Ingol, Preston, PR2.
Against the PR2 postcode district average, it is £285k more expensive than the typical property.
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Schools Nearby
- 500mIngol Community Primary School
- 600mHoly Family Catholic Primary School, Ingol, Preston
- 900mAshton-on-Ribble St Andrew's Church of England Primary School
- 600mAshton Community Science College
- 1.5kmOur Lady's Catholic High School
- 2.1kmFulwood Academy
More reading links
Public Transport Nearby
Preston (Lancs) station is the nearest stop to Mill Cottage, Preston at 3.2 kilometres away.
- 3.2kmPreston (Lancs)
- 5.0kmSalwick
- 6.9kmLostock Hall
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.
