Flat 2, 9 Bank Parade, Preston, PR1 3TA is a leasehold flat built between 1930-1949. The property offers approximately 452 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £106,140 , which equates to approximately £235 per square foot. It was last sold on 25 Apr 2024 for £100,000. Since then, the value has increased by £6,140, representing a 6.1% increase, or approximately 3.7% per year.

The current estimated value of £106,140 is:

  • 62.1% lower than the average property price on Bank Parade
  • 53.3% lower than the average in the PR1 3TA postcode area
  • and 36.7% lower than the average price for Preston as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 May 2023, the property was recorded as rented.

View sold house prices in PR1 3TA

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£106,140
Price Per sq ft (estimate)
£235
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 9 Bank Parade, Preston, Lancashire, PR1 3TA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 May 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 5 Feb 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 13%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PR1 3TA

14 th / 21
Price Rank
53% lower than average
9 th / 13
Size Rank
67% smaller than average
3 rd / 13
Price Per Sq FT Rank
42% higher than average

Compared to other properties in PR1 3TA , this flat's estimated value ranks 14th out of 21. Based on price per square foot, it ranks 3rd out of 13 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 13 properties in its postcode area.

Sale History

Today
£106,140
streetscan.co.uk estimate
+6 %
25 Apr 2024
£100,000
Leasehold
+26.6 %
26 Jul 2013
£79,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 388 sq ft
sale price: £66,000
sale date: 7 Feb 2025
rooms: 2
size: 431 sq ft
sale price: £54,500
sale date: 20 Sep 2013
rooms: 2
size: 441 sq ft
sale price: £60,000
sale date: 22 May 2013

Data Sources

The property at Flat 2, 9 Bank Parade, Preston, PR1 3TA appears two times in the Land Registry records, with the latest transaction recorded on 25 Apr 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 May 2023. 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.