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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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466, New Hall Lane, Preston appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,129 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 466, New Hall Lane, Preston is £129,713 and its rental estimate is £737 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.
466, New Hall Lane, Preston has 21 entries in the Land Registry , most recently in April 2022 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 2 out of 5 and is considered of medium accuracy.
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 466, New Hall Lane, Preston, we estimate a market value of £136,199 and a rental value of £774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £120,633 and £685 per month respectively.
Over the last year, 466, New Hall Lane, Preston has seen its estimated sale value fall by £567 (0.4%) and its estimated rental value move up by £20 per month (2.8%). This results in an estimated gross rental yield of 6.8%.
The most recent sale of 466, New Hall Lane, Preston completed on 14th April 2022 at £125,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.0% over the period since April 2022.
Over the past 2 years 3 properties similar to 466, New Hall Lane, Preston have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 40, Illingworth Road, Preston, PR1 4TU, a freehold house which sold for £94,600.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 598 addresses on New Hall Lane, Preston, PR1, 466, New Hall Lane, Preston comes out as the 100th largest and the 134th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the PR1 district.
From 466, New Hall Lane, Preston, the nearest station is Preston (Lancs), 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 466, New Hall Lane, Preston, 42.1% of property is privately rented and 25.0% 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 466, New Hall Lane, Preston, 21.6% of residents are recorded as possessing school level qualifications and 21.4% 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 466, New Hall Lane, Preston, the average age was 34.8 and the most common age was 32.
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 466, New Hall Lane, Preston, 0.9% 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 466, New Hall Lane, Preston, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
