Watkin Lane - PR5 5RD
Key Postcode Insights
PR5 5RD is a residential postcode situated on Watkin Lane, Lostock Hall, Preston, PR5 with 27 addresses.
It ranks as the 648th largest and 8th most expensive of the 923 postcodes in the PR5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 27 properties: 8 houses and 19 flats.
- Ave. Sale Price
- £85,129
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £534pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
PR5 5RD is a residential postcode situated on Watkin Lane, Lostock Hall, Preston, PR5 with 27 addresses.
It ranks as the 648th largest and 8th most expensive of the 923 postcodes in the PR5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 27 properties: 8 houses and 19 flats.
- Ave. Sale Price
- £85,129
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £534pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £125/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin PR5 5RD
- 6 Watkin Lane
Building  |  2 Flats
- 8A Watkin Lane
2 Bed Period Flat
- 10A Watkin Lane
2 Bed Period Flat
- 12A Watkin Lane
Unknown
- 14 Watkin Lane
Building  |  2 Flats
Sales Market Trends
The last sale in PR5 5RD sold for £77,500 on 27th January 2023. Since then prices are up an average of 2.9%.
The current average value in the postcode is £85,129.
The PR5 5RD Sales Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £85,129 |
| June 2025 | 4.1% | £85,815 |
| June 2024 | 0.3% | £82,418 |
| June 2023 | 1.6% | £82,205 |
| June 2022 | 9.4% | £80,909 |
| June 2021 | 9.4% | £73,981 |
| June 2020 | 1% | £67,655 |
| June 2019 | 3.3% | £67,004 |
| June 2018 | 0.7% | £64,851 |
| June 2017 | 2.7% | £64,384 |
| June 2016 | 1.7% | £62,684 |
| June 2015 | 1.3% | £61,635 |
| June 2014 | 3.8% | £60,864 |
| June 2013 | -1.9% | £58,659 |
| June 2012 | -3.4% | £59,809 |
| June 2011 | -2.6% | £61,916 |
| June 2010 | 0.6% | £63,539 |
| June 2009 | -9.7% | £63,140 |
| June 2008 | -2.3% | £69,930 |
| June 2007 | 0% | £71,589 |
Rental Market Trends
The current average rental value in the postcode is £534.
The PR5 5RD Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £534pcm |
| June 2025 | 5.7% | £515pcm |
| June 2024 | 9.6% | £488pcm |
| June 2023 | 8.1% | £445pcm |
| June 2022 | 9.5% | £412pcm |
| June 2021 | 5.2% | £376pcm |
| June 2020 | 1.4% | £357pcm |
| June 2019 | 0.9% | £352pcm |
| June 2018 | 1.8% | £349pcm |
| June 2017 | -0.1% | £343pcm |
| June 2016 | 1.3% | £343pcm |
| June 2015 | 1.8% | £339pcm |
| June 2014 | -0.3% | £333pcm |
| June 2013 | -0.6% | £334pcm |
| June 2012 | 1% | £336pcm |
| June 2011 | 0.4% | £333pcm |
| June 2010 | 0.7% | £332pcm |
| June 2009 | -5.7% | £329pcm |
| June 2008 | 2.6% | £349pcm |
| June 2007 | 0% | £340pcm |
Sales History
The last sale was on 27th January 2023 for £77,500 and since then the market in the area has increased by 2.9%. The postcode has had a total of 22 sales since 1995.
PR5 5RD has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2023£77,500 | 2 Bed Flat40A, Watkin Lane, Preston, PR5 5RD40A, Watkin Lane, Preston, PR5 5RD
- Sold Jan 2023£130,000 | 2 Bed House18A, Watkin Lane, Preston, PR5 5RD18A, Watkin Lane, Preston, PR5 5RD
- Sold Mar 2021£62,000 | 2 Bed Flat40A, Watkin Lane, Preston, PR5 5RD40A, Watkin Lane, Preston, PR5 5RD
- Sold Dec 2019£65,000 | 2 Bed Flat40, Watkin Lane, Preston, PR5 5RD40, Watkin Lane, Preston, PR5 5RD
- Sold Dec 2018£80,000 | 3 Bed House12A, Watkin Lane, Preston, PR5 5RD12A, Watkin Lane, Preston, PR5 5RD
Nearby Postcodes
PR5 5RD is the 648th largest and the 8th most expensive postcode out of the 923 postcodes in the PR5 area.
- PR5 5RE, Watkin Lane, Lostock Hall, Preston, PR5PR5 5RE32 Addresses|33 m away
- PR5 5RQ, Hoghton Street, Lostock Hall, Preston, PR5PR5 5RQ7 Addresses|35 m away
- PR5 5RP, Sephton Street, Lostock Hall, Preston, PR5PR5 5RP17 Addresses|37 m away
- PR5 5RR, Jubilee Road, Lostock Hall, Preston, PR5PR5 5RR2 Addresses|67 m away
- PR5 5RL, Lindley Street, Lostock Hall, Preston, PR5PR5 5RL32 Addresses|74 m away
Property Types
- 2 period houses built between 1800 and 1911
- 19 period flats built between 1800 and 1911
- 6 other addresses of unknown type
- period house (2)
- period flat (19)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (3)
- G (0)
- D (10)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Mar 2018£3,073,557 | 2 Bed FlatFlat 10, Riviera Court 11B, Watkin Lane, Preston, PR5 5RGFlat 10, Riviera Court 11B, Watkin Lane, Preston, PR5 5RG
- Sold Nov 2018£1,467,251 | 2 Bed FlatFlat 10, Riviera Court 11B, Watkin Lane, Preston, PR5 5RGFlat 10, Riviera Court 11B, Watkin Lane, Preston, PR5 5RG
- Sold Mar 2018£825,000 | 2 Bed FlatFlat 1, Riviera Court 11B, Watkin Lane, Preston, PR5 5RGFlat 1, Riviera Court 11B, Watkin Lane, Preston, PR5 5RG
Schools Nearby
- Our Lady and St Gerard's Roman Catholic Primary School, Lostock Hall300 m away
- Lostock Hall Community Primary School600 m away
- Farington Moss St. Paul's C.E. Primary School800 m away
- Lostock Hall Academy700 m away
- Brownedge St Mary's Catholic High School2.2 km away
- Walton-Le-Dale High School2.7 km away
More reading links
Public Transport Nearby
The closest station to PR5 5RD is Lostock Hall station, which is 300 metres away.
- Lostock Hall|300 m away
- Bamber Bridge|2.0 km away
- Leyland|3.0 km away
- Preston (Lancs)|3.6 km away