12 South Meadow Lane

    12, SOUTH MEADOW LANE, PRESTON, PR1 8JN

    This flat/maisonette leasehold property on South Meadow Lane last sold in August 2024 for £105,000. Based on price growth in the PR1 district since then, its estimated current value is £106,204 — placing it in the 5th percentile nationally and the 25th percentile within PR1. The property covers 41 m² (441 sq ft), giving an estimated value of £2,590 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £105,000

    Aug 2024

    Estimated Valuation

    £106,204

    Est. £/sq ft

    £241/sq ft

    £2,590/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateFeb 2026
    WallsCavity wall, with internal insulation
    HeatingElectric storage heaters

    Transaction History

    30 Aug 2024

    £105,000

    9 Dec 2022

    £85,000

    Key Metrics

    Estimated valuation£106,204
    Value per sq ft / m²£241/sq ft (£2,590/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR1 district percentile25th percentile
    National percentile5th 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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