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According to the public record, 494, New Hall Lane, Preston is a freehold house that sits on a 98.3 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 839 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 494, New Hall Lane, Preston is £110,829 and the estimated rental value is £693 per month.
New Hall Lane, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
494, New Hall Lane, Preston has a single entry in the Land Registry from July 2007 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.
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 494, New Hall Lane, Preston is in very good condition we estimate a sale value of £116,371 and a rental value of £727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,071 and a rental value of £644 per month.
Over the past 12 months, the estimated sale value of 494, New Hall Lane, Preston has grown by £567 (0.5%), while its estimated rental value has climbed by £27 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 7.5%.
According to data from HM Land Registry, 494, New Hall Lane, Preston sits on a plot of 98 m2.
We have plot size data on 18 out of 19 other houses in the postcode and 494, New Hall Lane, Preston sits on the 9th largest plot.
According to HM Land Registry, 494, New Hall Lane, Preston was last sold on 13th July 2007 for £75,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen by 34.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 494, New Hall Lane, Preston within a radius of 660 metres over the last 2 years.
The most recent example is 4, Illingworth Road, Preston, PR1 4TU, a freehold house which sold for £127,500 on the 25th March 2026.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Hall Lane, Preston, PR1 has a total of 598 addresses. According to our analysis of all the public data, 494, New Hall Lane, Preston is the 286th largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in PR1.
The closest station to 494, New Hall Lane, Preston is Preston (Lancs) station, which is 3.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 494, 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 494, 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 494, 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 494, 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 494, 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.