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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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Public records show Springfield, Preston to be a mid-century freehold house with 1,593 ft2 of internal area, sitting on a 461 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Springfield, Preston has an estimated sale value of £484,314 and an estimated rental value of £1,302 per month, assuming reasonable condition and based on the information available.
Lydiate Lane, Claughton-On-Brock, Preston, PR3 lies in the borough of Wyre, within the PR3 postal district.
Springfield, Preston has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated May 2022.
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.
In very good condition, we estimate Springfield, Preston would be worth £508,530, with a potential rental value of £1,367 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £450,412, with a rental value of £1,210 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Springfield, Preston has decreased by £2,025 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (3.1%). The property's estimated gross yield is currently 3.2%.
Springfield, Preston occupies a 461 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 6th largest.
Springfield, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Springfield, Preston last changed hands on 28th November 2022, selling for £467,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 1.7% since November 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of Springfield, Preston across the last 2 years.
Most recently, Tithebarn Cottage, Brock Side, Preston, PR3 0GL, a freehold house, sold at £505,000 on the 8th September 2023.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Springfield, Preston as the 6th largest and the 2nd most expensive of the 8 addresses on Lydiate Lane, Claughton-On-Brock, Preston, PR3.
Against the PR3 postcode district average, it is £171k more expensive than the typical property.
Salwick station is the nearest stop to Springfield, Preston at 10.9 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Springfield, Preston, 42.5% of property is privately owned outright and 40.6% is privately rented.
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 Springfield, Preston, 11.4% of residents are recorded as possessing school level qualifications and 30.1% 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 Springfield, 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 Springfield, Preston, 0.8% 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 Springfield, Preston, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
