305, New Hall Lane
305, New Hall Lane
Description & Estimates
305, New Hall Lane, Preston is recorded publicly as a period leasehold house across 1,248 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 305, New Hall Lane, Preston is £114,024 and its rental estimate is £628 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
305, New Hall Lane, Preston has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated October 2016.
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 305, New Hall Lane, Preston, we estimate a market value of £119,725 and a rental value of £660 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,042 and £584 per month respectively.
Recent Market Change
Over the last year, 305, New Hall Lane, Preston has seen its estimated sale value drop by £498 (0.4%) and its estimated rental value rise by £17 per month (2.8%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
305, New Hall Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2016.
The property is 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 305, New Hall Lane, Preston completed on 24th June 2016 at £95,000 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 94.0% over the period since June 2016.
- Sold Jun 2016£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 305, New Hall Lane, Preston have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th October 2024, was 315, New Hall Lane, Preston, PR1 5XE, a freehold house which sold for £116,500.
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, 305, New Hall Lane, Preston comes out as the 62nd largest and the 163rd most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the PR1 district.
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Schools Nearby
- 400mFishwick Primary School
- 400mSt Teresa's Catholic Primary School, Preston
- 400mSt Matthew's Church of England Primary Academy
- 1.1kmPreston Muslim Girls High School
- 1.2kmEden Boys' School, Preston
- 1.6kmMoor Park High School and Sixth Form
More reading links
Public Transport Nearby
From 305, New Hall Lane, Preston, the nearest station is Preston (Lancs), 2.7 kilometres away.
- 2.7kmPreston (Lancs)
- 4.3kmBamber Bridge
- 4.8kmLostock 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.
