Flat 4, 9 Bank Parade, Preston, PR1 3TA is a leasehold flat built before 1900. The property offers approximately 431 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 £71,421 , which equates to approximately £166 per square foot. It was last sold on 20 Sep 2013 for £54,500. Since then, the value has increased by £16,921, representing a 31.0% increase, or approximately 2.5% per year.

The current estimated value of £71,421 is:

  • 74.5% lower than the average property price on Bank Parade
  • 68.6% lower than the average in the PR1 3TA postcode area
  • and 57.4% lower than the average price for Preston as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 August 2022, the property was recorded as owner-occupied.

View sold house prices in PR1 3TA

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£71,421
Price Per sq ft (estimate)
£166
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 9 Bank Parade, Preston, Lancashire, PR1 3TA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Aug 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 16 Dec 2011, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 38.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, with internal insulation to solid brick, with internal insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, with internal insulation
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PR1 3TA

20 th / 21
Price Rank
69% lower than average
11 th / 13
Size Rank
69% smaller than average
9 th / 13
Price Per Sq FT Rank
1% higher than average

Compared to other properties in PR1 3TA , this flat's estimated value ranks 20th out of 21. Based on price per square foot, it ranks 9th out of 13 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 11th out of 13 properties in its postcode area.

Sale History

Today
£71,421
streetscan.co.uk estimate
+31 %
20 Sep 2013
£54,500
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: 452 sq ft
sale price: £100,000
sale date: 25 Apr 2024
rooms: 2
size: 441 sq ft
sale price: £60,000
sale date: 22 May 2013

Data Sources

The property at Flat 4, 9 Bank Parade, Preston, Lancashire, PR1 3TA appears once in the Land Registry records, with the transaction recorded on 20 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Aug 2022. 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.