The Ridge, Preston
The Ridge, Preston
Description & Estimates
Public records show The Ridge, Preston to be a mid-century freehold house with 2,281 ft2 of internal area, sitting on a 3,411 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Ridge, Preston has an estimated sale value of £662,022 and an estimated rental value of £1,791 per month, assuming reasonable condition and based on the information available.
Bilsborrow Lane, Bilsborrow, Preston, PR3 lies in the borough of Wyre, within the PR3 postal district.
Our Data Sources
The Ridge, Preston has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate The Ridge, Preston would be worth £695,123, with a potential rental value of £1,881 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £615,680, with a rental value of £1,666 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 Ridge, Preston has moved down by £2,008 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £51 (2.9%). The property's estimated gross yield is currently 3.2%.
Plot Size
The Ridge, Preston occupies a 3,411 m2 plot as recorded by HM Land Registry.
Of the 52 other houses in this postcode, 38 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
The Ridge, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The Ridge, Preston last changed hands on 16th October 2017, selling for £500,000. 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 22.9% since October 2017.
- Sold Oct 2017£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.3 kilometres of The Ridge, Preston across the last 2 years.
Most recently, The Blossoms, Myerscough Hall Drive, Preston, PR3 0SE, a freehold house, sold at £560,000 on the 12th October 2017.
Read more about house prices in PR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks The Ridge, Preston as the 11th largest and the 16th most expensive of the 78 addresses on Bilsborrow Lane, Bilsborrow, Preston, PR3.
Against the PR3 postcode district average, it is £349k more expensive than the typical property.
More reading links
Schools Nearby
- 600mBilsborrow John Cross Church of England Primary School
- 2.4kmBarton St Lawrence Church of England Primary School
- 2.7kmSt Mary's Catholic Primary School, Claughton-on-Brock
- 4.6kmGarstang Community Academy
- 5.0kmBroughton High School
- 7.3kmFulwood Academy
More reading links
Public Transport Nearby
Salwick station is the nearest stop to The Ridge, Preston at 9.5 kilometres away.
- 9.5kmSalwick
- 10.8kmPreston (Lancs)
- 11.9kmKirkham & Wesham
Available Internet Speeds
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.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
