The Laurels, Preston
The Laurels, Preston
Description & Estimates
The Laurels, Preston is recorded publicly as an early-century freehold house across 495 ft2 of internal area, sitting on a 168 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of The Laurels, Preston is £143,384 and its rental estimate is £753 per month, given the available information and assuming reasonable condition.
Derby Road, Wesham, Preston, PR4 falls within the PR4 postal district, in the borough of Fylde.
Our Data Sources
The Laurels, Preston has 21 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 The Laurels, Preston, we estimate a market value of £150,553 and a rental value of £790 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,347 and £700 per month respectively.
Recent Market Change
Over the last year, The Laurels, Preston has seen its estimated sale value rise by £1,454 (1.0%) and its estimated rental value move up by £30 per month (4.0%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for The Laurels, Preston as measuring 168 m2.
That makes it the 11th largest plot in the postcode, where 17 of the 28 other houses have recorded plot data.
Energy Efficiency
The Laurels, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of The Laurels, Preston completed on 23rd October 2015 at £75,000 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 98.0% over the period since October 2015.
- Sold Oct 2015£75,000
- Sold Feb 1998£38,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Laurels, Preston have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2019, was 10, Eskdale Drive, Preston, PR4 3HW, a freehold house which sold for £127,000.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 36 addresses on Derby Road, Wesham, Preston, PR4, The Laurels, Preston comes out as the 33rd largest and the 25th most expensive in our analysis of the public data.
It is also £144k less expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 300mMedlar-with-Wesham Church of England Primary School
- 500mKirkham and Wesham Primary School
- 500mSt Joseph's Catholic Primary School, Medlar-with-Wesham
- 1.4kmCarr Hill High School
- 6.9kmSt Bede's Catholic High School, Lytham
- 8.8kmSt George's School A Church of England Academy
More reading links
Public Transport Nearby
From The Laurels, Preston, the nearest station is Kirkham & Wesham, 100 metres away.
- 100mKirkham & Wesham
- 4.2kmSalwick
- 4.8kmMoss Side
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
