Flat 3 8 Bank Parade

    FLAT 3 8, BANK PARADE, PRESTON, PR1 3TA

    This flat/maisonette leasehold property on Bank Parade last sold in February 2025 for £66,000. Based on price growth in the PR1 district since then, its estimated current value is £66,000 — placing it in the 1st percentile nationally and the 5th percentile within PR1. The property covers 36 m² (388 sq ft), giving an estimated value of £1,833 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £66,000

    Feb 2025

    Estimated Valuation

    £66,000

    Est. £/sq ft

    £170/sq ft

    £1,833/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area388 sq ft (36 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Feb 2025

    £66,000

    Key Metrics

    Estimated valuation£66,000
    Value per sq ft / m²£170/sq ft (£1,833/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR1 district percentile5th percentile
    National percentile1st percentile

    District Context — PR1

    PR1 covers the Preston area in Lancashire, situated in the North West of England. It is a diverse urban district with a strong mix of residential, commercial, and student populations, reflecting its position as a regional centre.

    Average Property Price - PR1

    £182,413

    8

    National percentile

    Average Net Household Income - PR1

    £30,511

    9

    National percentile

    10-Year Annualised Price Growth - PR1

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - PR

    3.5%

    25

    National percentile

    View full analysis for PR1

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