55, New Hall Lane
55, New Hall Lane
Description & Estimates
The public record describes 55, New Hall Lane, Preston as a period apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
55, New Hall Lane, Preston has an estimated sale value of £37,649 and an estimated rental value of £319 per month, assuming reasonable condition and based on the information available.
The apartment sits within 55, New Hall Lane, Preston, PR1.
New Hall Lane, Preston, PR1 lies in the borough of Preston, within the PR1 postal district.
Our Data Sources
55, New Hall Lane, Preston has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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
In very good condition, we estimate 55, New Hall Lane, Preston would be worth £39,531, with a potential rental value of £335 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £35,014, with a rental value of £296 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 55, New Hall Lane, Preston has climbed by £142 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £12 (3.7%). The property's estimated gross yield is currently 10.2%.
Energy Efficiency
55, New Hall Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
55, New Hall Lane, Preston last changed hands on 30th October 2003, selling for £20,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Oct 2003£20,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 500 metres of 55, New Hall Lane, Preston across the last 2 years.
Most recently, Apartment 61, Centenary Mill Court, New Hall Lane, Preston, PR1 5JQ, a leasehold flat, sold at £30,000 on the 30th October 2019.
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
Our analysis of the public data ranks 55, New Hall Lane, Preston as the 559th largest and the 590th most expensive of the 598 addresses on New Hall Lane, Preston, PR1.
Against the PR1 postcode district average, it is £127k less expensive than the typical property.
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Schools Nearby
- 400mSt Joseph's Catholic Primary School, Preston
- 400mSt Matthew's Church of England Primary Academy
- 800mRibbleton Avenue Infant School
- 300mEden Boys' School, Preston
- 600mPreston Muslim Girls High School
- 1.2kmMoor Park High School and Sixth Form
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Public Transport Nearby
Preston (Lancs) station is the nearest stop to 55, New Hall Lane, Preston at 1.8 kilometres away.
- 1.8kmPreston (Lancs)
- 4.2kmBamber Bridge
- 4.3kmLostock Hall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
