Prospect Cottage Lower Lane

    PROSPECT COTTAGE, LOWER LANE, LONGRIDGE, PRESTON, PR3 3SL

    This detached freehold property on Lower Lane last sold in September 2014 for £390,000. Based on price growth in the PR3 district since then, its estimated current value is £514,442 — placing it in the 80th percentile nationally and the 90th percentile within PR3. The property covers 239 m² (2,573 sq ft), giving an estimated value of £2,152 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,573 sq ft

    239 m²

    Last Sale Price

    £390,000

    Sept 2014

    Estimated Valuation

    £514,442

    Est. £/sq ft

    £200/sq ft

    £2,152/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,573 sq ft (239 m²)
    EPC dateJan 2013
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2014

    £390,000

    Key Metrics

    Estimated valuation£514,442
    Value per sq ft / m²£200/sq ft (£2,152/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR3 district percentile90th percentile
    National percentile80th percentile

    District Context — PR3

    PR3 covers the rural areas and villages around Preston in Lancashire, sitting between the city centre and the West Pennine foothills. It is a predominantly suburban and countryside location with strong owner-occupier character and established community appeal.

    Average Property Price - PR3

    £304,368

    43

    National percentile

    Average Net Household Income - PR3

    £37,324

    46

    National percentile

    10-Year Annualised Price Growth - PR3

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - PR

    3.5%

    25

    National percentile

    View full analysis for PR3

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