The Grasmere, Preston
The Grasmere, Preston
Description & Estimates
Public records show The Grasmere, Preston to be a modern freehold house with 2,486 ft2 of internal area, sitting on a 437 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Grasmere, Preston has an estimated sale value of £473,994 and an estimated rental value of £1,708 per month, assuming reasonable condition and based on the information available.
Lea Road, Lea Town, Preston, PR4 lies in the borough of Preston, within the PR4 postal district.
Our Data Sources
The Grasmere, Preston has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate The Grasmere, Preston would be worth £497,694, with a potential rental value of £1,794 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £440,814, with a rental value of £1,589 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 The Grasmere, Preston has fallen by £4,063 (0.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (1.5%). The property's estimated gross yield is currently 4.3%.
Plot Size
The Grasmere, Preston occupies a 437 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 28 have recorded plot sizes, and this one ranks as the 18th largest.
Energy Efficiency
The Grasmere, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The Grasmere, Preston last changed hands on 11th May 2007, selling for £400,000. 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 49.1% since May 2007.
- Sold May 2007£400,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 960 metres of The Grasmere, Preston across the last 2 years.
Most recently, 32, Keats Way, Preston, PR4 0NL, a freehold house, sold at £500,000 on the 12th November 2024.
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
Our analysis of the public data ranks The Grasmere, Preston as the 6th largest and the 8th most expensive of the 41 addresses on Lea Road, Lea Town, Preston, PR4.
Against the PR4 postcode district average, it is £187k more expensive than the typical property.
More reading links
Schools Nearby
- 300mLea Neeld's Endowed Church of England Primary School
- 800mCottam Primary School
- 1.3kmAshton Primary School
- 1.7kmAshton Community Science College
- 3.0kmOur Lady's Catholic High School
- 3.5kmFulwood Academy
More reading links
Public Transport Nearby
Salwick station is the nearest stop to The Grasmere, Preston at 3.2 kilometres away.
- 3.2kmSalwick
- 4.8kmPreston (Lancs)
- 7.3kmKirkham & Wesham
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.
