Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Bank Parade, Preston is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 948 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bank Parade, Preston is £134,109 and the estimated rental value is £812 per month.
Bank Parade, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
2, Bank Parade, Preston has 31 entries in the Land Registry , most recently in August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Bank Parade, Preston is in very good condition we estimate a sale value of £140,814 and a rental value of £853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,721 and a rental value of £755 per month.
Over the last 12 months the sale value of 2 Bank Parade Preston has increased by an estimated £1,458 (1.1%) and its rental value has increased by an estimated £31 per month (3.9%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 2, Bank Parade, Preston was last sold on 8th August 2013 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2013, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bank Parade, Preston within a radius of 490 metres over the last 2 years.
The most recent example is 34A, Bairstow Street, Preston, PR1 3TN, a leasehold flat which sold for £76,000 on the 10th October 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bank Parade, Preston, PR1 has a total of 52 addresses. According to our analysis of all the public data, 2, Bank Parade, Preston is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in PR1.
The closest station to 2, Bank Parade, Preston is Preston (Lancs) station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bank Parade, Preston, 65.7% of property is privately rented and 17.6% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Bank Parade, Preston, 21.2% of residents are recorded as possessing school level qualifications and 40.2% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Bank Parade, Preston, the average age was 34.4 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Bank Parade, Preston, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Bank Parade, Preston, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
