241, New Hall Lane
241, New Hall Lane
Description & Estimates
241, New Hall Lane, Preston is recorded publicly as a period leasehold house across 1,625 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 241, New Hall Lane, Preston is £183,472 and its rental estimate is £1,011 per month, given the available information and assuming reasonable condition.
New Hall Lane, Preston, PR1 falls within the PR1 postal district, in the borough of Preston.
Our Data Sources
241, New Hall Lane, Preston has a single entry in the Land Registry from May 2011 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 241, New Hall Lane, Preston, we estimate a market value of £192,645 and a rental value of £1,061 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,629 and £940 per month respectively.
Recent Market Change
Over the last year, 241, New Hall Lane, Preston has seen its estimated sale value fall by £802 (0.4%) and its estimated rental value move up by £28 per month (2.8%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
241, New Hall Lane, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 241, New Hall Lane, Preston completed on 26th May 2011 at £120,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 100.8% over the period since May 2011.
- Sold May 2011£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 241, New Hall Lane, Preston have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2022, was 370, New Hall Lane, Preston, PR1 4SX, a freehold house which sold for £185,000.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 598 addresses on New Hall Lane, Preston, PR1, 241, New Hall Lane, Preston comes out as the 7th largest and the 18th most expensive in our analysis of the public data.
It is also £19k more expensive than the average property across the PR1 district.
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Schools Nearby
- 300mSt Matthew's Church of England Primary Academy
- 400mSt Joseph's Catholic Primary School, Preston
- 500mFishwick Primary School
- 1.0kmPreston Muslim Girls High School
- 1.0kmEden Boys' School, Preston
- 1.5kmMoor Park High School and Sixth Form
More reading links
Public Transport Nearby
From 241, New Hall Lane, Preston, the nearest station is Preston (Lancs), 2.5 kilometres away.
- 2.5kmPreston (Lancs)
- 4.3kmBamber Bridge
- 4.7kmLostock Hall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
