Flat 1, Gatehouse Spring Bank, Preston, PR1 8PL is a leasehold flat built between 1991-1995. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £63,558 , which equates to approximately £151 per square foot. It was last sold on 25 Oct 2013 for £48,500. Since then, the value has increased by £15,058, representing a 31.0% increase, or approximately 2.6% per year.

The current estimated value of £63,558 is:

  • 79.4% lower than the average property price on Spring Bank
  • 48.6% lower than the average in the PR1 8PL postcode area
  • and 62.1% lower than the average price for Preston as a whole

At the most recent EPC inspection on 8 May 2009, the property was recorded as owner-occupied.

View sold house prices in PR1 8PL

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£63,558
Price Per sq ft (estimate)
£151
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, Gatehouse Spring Bank, Preston, Lancashire, PR1 8PL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 May 2009.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to PR1 8PL

19 th / 20
Price Rank
49% lower than average
12 th / 12
Size Rank
41% smaller than average
8 th / 12
Price Per Sq FT Rank
13% lower than average

Compared to other properties in PR1 8PL , this flat's estimated value ranks 19th out of 20. Based on price per square foot, it ranks 8th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 12 properties in its postcode area.

Sale History

Today
£63,558
streetscan.co.uk estimate
+31 %
25 Oct 2013
£48,500
Leasehold
-28.7 %
12 Sep 2007
£68,000
Leasehold
+209.1 %
28 Nov 1997
£22,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, Gatehouse Spring Bank, Preston, PR1 8PL
rooms: 2
size: 441 sq ft
sale price: £54,475
sale date: 31 Mar 2022
Flat 6, Gatehouse Spring Bank, Preston, PR1 8PL
rooms: 2
size: 441 sq ft
sale price: £36,500
sale date: 8 Nov 2002

Data Sources

The property at Flat 1, Gatehouse Spring Bank, Preston, PR1 8PL appears three times in the Land Registry records, with the latest transaction recorded on 25 Oct 2013. It also has a single Energy Performance Certificate (EPC) from 8 May 2009. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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