Flat 5 Gatehouse Spring Bank

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

    This terraced leasehold property on Spring Bank last sold in December 2004 for £42,500. Based on price growth in the PR1 district since then, its estimated current value is £73,174 — placing it in the 1st percentile nationally and the 8th percentile within PR1. The property covers 41 m² (441 sq ft), giving an estimated value of £1,785 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £42,500

    Dec 2004

    Estimated Valuation

    £73,174

    Est. £/sq ft

    £166/sq ft

    £1,785/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateJan 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    23 Dec 2004

    £42,500

    2 Jan 2003

    £26,600

    Key Metrics

    Estimated valuation£73,174
    Value per sq ft / m²£166/sq ft (£1,785/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PR1 district percentile8th 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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