414, New Hall Lane
414, New Hall Lane
Description & Estimates
414, New Hall Lane, Preston is recorded publicly as a period leasehold apartment across 469 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 414, New Hall Lane, Preston is £84,708 and its rental estimate is £612 per month, given the available information and assuming reasonable condition.
414, New Hall Lane is a residential building on New Hall Lane, Preston, PR1 and falls within the PR1 postal district and the borough of Preston.
Our Data Sources
414, New Hall Lane, Preston has 41 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated May 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 414, New Hall Lane, Preston, we estimate a market value of £88,944 and a rental value of £643 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,779 and £569 per month respectively.
Recent Market Change
Over the last year, 414, New Hall Lane, Preston has seen its estimated sale value rise by £319 (0.4%) and its estimated rental value move up by £23 per month (3.7%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
414, New Hall Lane, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 414, New Hall Lane, Preston completed on 7th August 2019 at £64,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 4.7% over the period since August 2019.
- Sold Aug 2019£64,000
- Sold May 2002£44,950
- Sold Mar 2001£28,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 414, New Hall Lane, Preston has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th February 2019, was 410, New Hall Lane, Preston, PR1 4SX, a leasehold flat which sold for £80,000.
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, 414, New Hall Lane, Preston comes out as the 554th largest and the 264th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the PR1 district.
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Schools Nearby
- 200mFishwick Primary School
- 200mSt Teresa's Catholic Primary School, Preston
- 600mSt Matthew's Church of England Primary Academy
- 1.3kmPreston Muslim Girls High School
- 1.3kmEden Boys' School, Preston
- 1.8kmMoor Park High School and Sixth Form
More reading links
Public Transport Nearby
From 414, New Hall Lane, Preston, the nearest station is Preston (Lancs), 2.9 kilometres away.
- 2.9kmPreston (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.
