Oak Tree House, Preston
Oak Tree House, Preston
Description & Estimates
Oak Tree House, Preston is recorded publicly as a period freehold house across 1,797 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Oak Tree House, Preston is £743,450 and its rental estimate is £1,959 per month, given the available information and assuming reasonable condition.
Ford Lane, Goosnargh, Preston, PR3 falls within the PR3 postal district, in the borough of Preston.
Our Data Sources
Oak Tree House, Preston has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated March 2021.
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 Oak Tree House, Preston, we estimate a market value of £780,623 and a rental value of £2,056 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £691,409 and £1,821 per month respectively.
Recent Market Change
Over the last year, Oak Tree House, Preston has seen its estimated sale value decline by £3,109 (0.4%) and its estimated rental value climb by £60 per month (3.1%). This results in an estimated gross rental yield of 3.2%.
Energy Efficiency
Oak Tree House, Preston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
Sold Prices
The most recent sale of Oak Tree House, Preston completed on 30th September 2021 at £665,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.1% over the period since September 2021.
- Sold Sep 2021£665,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Oak Tree House, Preston have sold within a radius of 2.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was Holyoake House, Loud Bridge, Preston, PR3 2NX, a freehold house which sold for £641,000.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Ford Lane, Goosnargh, Preston, PR3, Oak Tree House, Preston comes out as the 8th largest and the 7th most expensive in our analysis of the public data.
It is also £430k more expensive than the average property across the PR3 district.
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Schools Nearby
- 300mSt Francis Catholic Primary School, Goosnargh
- 2.1kmGoosnargh Oliverson's Church of England Primary School
- 3.1kmGoosnargh Whitechapel Primary School
- 3.7kmLongridge High School
- 3.9kmSt Cecilia's RC High School
- 6.1kmBroughton High School
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Public Transport Nearby
From Oak Tree House, Preston, the nearest station is Preston (Lancs), 10.1 kilometres away.
- 10.1kmPreston (Lancs)
- 12.7kmSalwick
- 12.9kmBamber Bridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
