5 Spring Bank

    5, SPRING BANK, PRESTON, PRESTON, PR1 8PL

    This terraced leasehold property on Spring Bank last sold in June 1998 for £21,975. Based on price growth in the PR1 district since then, its estimated current value is £83,141 — placing it in the 2nd percentile nationally and the 12th percentile within PR1. The property covers 53 m² (570 sq ft), giving an estimated value of £1,569 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £21,975

    Jun 1998

    Estimated Valuation

    £83,141

    Est. £/sq ft

    £146/sq ft

    £1,569/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Jun 1998

    £21,975

    Key Metrics

    Estimated valuation£83,141
    Value per sq ft / m²£146/sq ft (£1,569/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR1 district percentile12th percentile
    National percentile2nd 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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