2 Spring Bank

    2, SPRING BANK, PRESTON, PR1 8PL

    This terraced freehold property on Spring Bank last sold in July 2016 for £100,000. Based on price growth in the PR1 district since then, its estimated current value is £141,926 — placing it in the 11th percentile nationally and the 47th percentile within PR1. The property covers 63 m² (678 sq ft), giving an estimated value of £2,253 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £100,000

    Jul 2016

    Estimated Valuation

    £141,926

    Est. £/sq ft

    £209/sq ft

    £2,253/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateFeb 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    18 Jul 2016

    £100,000

    12 Aug 2014

    £98,000

    Key Metrics

    Estimated valuation£141,926
    Value per sq ft / m²£209/sq ft (£2,253/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR1 district percentile47th percentile
    National percentile11th 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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