Our Data Sources
Flat 6, 8, Bank Parade, Preston has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Flat 6, 8, Bank Parade, Preston, we estimate a market value of £102,253 and a rental value of £727 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £90,567 and £644 per month respectively.
Energy Efficiency
Flat 6, 8, Bank Parade, Preston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Apr 2021.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 6, 8, Bank Parade, Preston completed on 16th November 2007 at £127,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.0% over the period since November 2007.
- Sold Nov 2007£127,500
Similar Properties Sold Nearby
Over the past 2 years 10 properties similar to Flat 6, 8, Bank Parade, Preston have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was 21, City Views, Preston, PR1 3QE, a leasehold flat which sold for £42,500.
Read more about house prices in PR1.
- Sold Apr 2024£42,500 | 2 Bed Flat21, City Views, Preston, PR1 3QE21, City Views, Preston, PR1 3QE
- Sold Apr 2023£86,000 | 2 Bed Flat24, City Views, Preston, PR1 3QE24, City Views, Preston, PR1 3QE
- Sold Jan 2021£139,950 | 2 Bed FlatFlat 1, 9, Bank Parade, Preston, PR1 3TAFlat 1, 9, Bank Parade, Preston, PR1 3TA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Bank Parade, Penwortham, Preston, PR1, Flat 6, 8, Bank Parade, Preston comes out as the 33rd largest and the 46th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the PR1 district.
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Schools Nearby
- St Augustine's Catholic Primary School, Preston300 m away
- Frenchwood Community Primary School400 m away
- St Stephen's CofE School1.0 km away
- Christ The King Catholic High School600 m away
- Eden Boys' School, Preston1.0 km away
- Preston Muslim Girls High School1.6 km away
More reading links
Public Transport Nearby
- Preston (Lancs)|900 m away
- Lostock Hall|3.4 km away
- Bamber Bridge|3.8 km away
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
