56, Newgate Lane
56, Newgate Lane
Description & Estimates
56, Newgate Lane, Preston is recorded publicly as an early-century freehold house across 3,229 ft2 of internal area, sitting on a 742 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 56, Newgate Lane, Preston is £718,135 and its rental estimate is £2,242 per month, given the available information and assuming reasonable condition.
Newgate Lane, Whitestake, Preston, PR4 falls within the PR4 postal district, in the borough of South Ribble.
Our Data Sources
56, Newgate Lane, Preston has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated June 2022.
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 56, Newgate Lane, Preston, we estimate a market value of £754,042 and a rental value of £2,354 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £667,866 and £2,085 per month respectively.
Recent Market Change
Over the last year, 56, Newgate Lane, Preston has seen its estimated sale value move down by £6,156 (0.9%) and its estimated rental value increase by £35 per month (1.5%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 56, Newgate Lane, Preston as measuring 742 m2.
That makes it the 7th largest plot in the postcode, where 21 of the 28 other houses have recorded plot data.
Energy Efficiency
56, Newgate Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2022.
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 56, Newgate Lane, Preston completed on 28th March 2024 at £695,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.9% over the period since March 2024.
- Sold Mar 2024£695,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Newgate Lane, Preston have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th January 2020, was Long View, Startley Nook, Preston, PR4 4XW, a freehold house which sold for £587,500.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Newgate Lane, Whitestake, Preston, PR4, 56, Newgate Lane, Preston comes out as the largest and the most expensive in our analysis of the public data.
It is also £431k more expensive than the average property across the PR4 district.
More reading links
Schools Nearby
- 1.2kmPenwortham Broad Oak Primary School
- 1.2kmNew Longton All Saints CofE Primary School
- 1.4kmKingsfold Primary School
- 1.8kmAll Hallows Catholic High School
- 2.6kmPenwortham Girls' High School
- 2.6kmHutton Church of England Grammar School
More reading links
Public Transport Nearby
From 56, Newgate Lane, Preston, the nearest station is Lostock Hall, 2.6 kilometres away.
- 2.6kmLostock Hall
- 3.8kmPreston (Lancs)
- 3.9kmLeyland
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.
