Property profile

Flat 11 Bank Parade

Map showing Flat 1, 1 Bank Parade, Preston

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£165,000

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold17 Mar 2021
£190,950Change since last sale: −£26,000 (−14%)
Annualised change
−2.6% per yearPreston annualised change (other) since 2021: +4.8% per yearThis property underperformed the market
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / End-Terrace
TenureFreehold
Construction periodbefore 1900
Floor area52 m² / 560 sq ft
Rooms2 habitable / 2 heated
Floor level1
EPC ratingD
EPC inspection11 Jul 2018

Sales history

DatePriceChange
17 Mar 2021£190,950-

Local market

Property prices in City Centre

Median price: £126,000
Price per sq ft: £168
Sales (last 12 months): 89
Typical range (middle 50%): £105K – £160K

Based on 89 recent sales, the median property price is £126,000 (about £168 per square foot) in City Centre area, with individual transactions ranging from £39,995 up to £256,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in City Centre over the last year.
TypeSalesMedian£/sq ft
Detached2£169,500£262
Semi-Detached8£164,000£219
Terraced49£128,000£166
Flats30£106,000£168

10-year price trendmedian sale price in City Centre

Sale price

Ten year median sale price trend for each property type in City Centre.
YearFlatsSemi-DetachedTerraced
2016£69,950£136,500£90,000
2017£86,500£127,500£93,000
2018£88,000£120,000£95,000
2019£98,000£139,950£95,000
2020£92,000£125,950£95,000
2021£94,500£157,000£110,000
2022£128,925£160,500£116,750
2023£134,058£163,000£115,000
2024£104,000£173,475£120,000
2025£102,000£166,500£129,250
2026£105,000£180,000£126,500
Ten year median sale price trend for each property type in City Centre.

Price per sq ft

Ten year median sale price per square foot trend for each property type in City Centre.
YearFlatsSemi-DetachedTerraced
2016£134£139£94
2017£131£160£114
2018£135£158£119
2019£206£143£115
2020£191£177£116
2021£163£189£123
2022£264£184£137
2023£308£133£143
2024£169£191£146
2025£160£211£153
2026£168£232£158
Ten year median sale price per square foot trend for each property type in City Centre.

Price distribution by property typelast 12 months

Price distribution by property type for City Centre in the last year.

Recent sales

There were 46 recent sold properties in the last 18 months near PR1 3TA.

Recent sold properties in the last 18 months near PR1 3TA
DateAddressTypeTenurePriceMap
19 Dec 2025Flat 1, 8, Bank Parade, Preston, PR1 3TAFlatsLeasehold£175,000
19 Dec 20258, Bank Parade, Preston, PR1 3TAOtherFreehold£175,000
07 Nov 2025Flat 4, 9, Bank Parade, Preston, PR1 3TAFlatsLeasehold£66,000
31 Oct 2025Flat 5, 9, Bank Parade, Preston, PR1 3TAFlatsLeasehold£70,000
11 Apr 2025Flat 2, 8, Bank Parade, Preston, PR1 3TAFlatsLeasehold£73,000

Other properties at this postcode

AddressTenureFloor areaLast sale
2, Bank Parade, PrestonFreehold151 m²£210,000 (2013)
4 Bank Parade, PrestonFreehold265 m²£115,000 (1999)
7 Bank Parade, PrestonFreehold126 m²£41,000 (2004)
11, Bank Parade, PrestonFreehold252 m²£350,000 (2014)
12 Bank Parade, PrestonFreehold347 m²£380,000 (2022)
14 Bank Parade, PrestonFreehold296 m²£366,000 (2023)
First Floor Flat, Avenham Lodge, 15 Bank Parade, Preston-71 m²-
First Floor Flat, Avenham Tower, Bank Parade, Preston-95 m²-
First Floor Flat, Tower House, Bank Parade, Preston-78 m²-
Flat 1, 8 Bank Parade, Preston, PrestonLeasehold44 m²£175,000 (2025)

Area insights for PR1 3TA

Full area profile →

Overview

Postcode PR1 3TA is located in an urban city, within the City Centre area of Preston in the North West region, and forms part of the Preston Town Centre area. It has very high deprivation and very high crime levels, with around 325.2 crimes per 1,000 residents per year, roughly 3.0× the North West average of 109 per 1,000. The average income per household in Preston Town Centre is £37,224 per year. The median sale price in City Centre is £126,000 (around £168 per square foot), with typical sale prices between £105,000 and £160,000. The nearest station is Preston (Lancs), about 0.6 miles away. There are 6 primary and 3 secondary schools in the area. There are 5 parks nearby, the closest large park is Avenham Park.

Crime rate
10/10
Crimes per 1k residents
325
Deprivation level
9/10
Income level
2/10
Social housing
9.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

9/10

Preston Town Centre has a very high level of deprivation, ranked at position 5,778 out of 32,844 areas in England, placing it within the top 18% most deprived areas in England.

Crime level

10/10

Preston Town Centre has a very high crime rate, with approximately 325.2 reported incidents per 1,000 population each year.

Social housing

9.2%

Approximately 9.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 24.5% of dwellings are socially rented.

Income level

2/10

The average income per household in Preston Town Centre is £37,224 per year.

Noise Level

No noise

No significant noise sources from railways or roads near PR1 3TA.

Flood risk

No risk

Preston Town Centre near PR1 3TA has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Preston (Lancs) located about 0.6 miles away. There are 1 stations nearby.

Nearby public transport stations for PR1 3TA
DistanceNameLinesDirections
0.6 mi

Preston (Lancs)

N/A

Walking directions to Preston (Lancs)

Parks

Nearby parks and green spaces for PR1 3TA
DistanceNameSizeDirections
0.2 miAvenham ParkLargeWalking directions to Avenham Park
0.4 miMiller ParkMediumWalking directions to Miller Park
0.3 miWinckley SquareSmallWalking directions to Winckley Square

Area Profile

Population
312
Population density
7,536.2 per km²

Crime

Crime per 1,000 population

Anti-social behaviour
252.61(+1307%)
Violence and sexual offences
136.22(+265%)
Shoplifting
78.81(+1263%)
Public order
39.14(+286%)
Criminal damage and arson
31.84(+254%)
North West average

Demographics

Ethnic groups

British
121
38.91%
Indian
112
36.01%
Other White
28
9%
Other Asian
15
4.82%
Pakistani
9
2.89%
Total population: 311

Economics

Education (age 16+)

Level 4+ (Degree)
110
40.15%
Level 2 (GCSEs 9-4)
43
15.69%
Level 3 (A level)
41
14.96%
No qualifications
40
14.6%
Level 1 (GCSEs 3-1)
18
6.57%
Total 16+ residents: 274

Housing

Housing tenure

Private landlord or letting agency
79
60.31%
Owns outright
23
17.56%
Other social rented
11
8.4%
Owns with a mortgage
10
7.63%
Other forms of private rent
7
5.34%
Total households: 131

Schools

In the PR1 3TA postcode area, located within Preston Town Centre, there are 6 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for PR1 3TA
DistancePhaseNameTypeRating
0.2 miNot applicableImam Muhammad Zakariya SchoolOther independent school

Good

0.2 miPrimarySt Augustine's Catholic Primary School, PrestonAcademy converter

N/A

0.2 miPrimaryFrenchwood Community Primary SchoolCommunity school

Requires improvement

Local amenities

9 nearby supermarkets & convenience stores within 0.5 mi of PR1 3TA

Nearby supermarkets & convenience stores for PR1 3TA
DistanceNameAddressDirections
0.2 miAA Newsagents109,111,113 Avenham Lane, Preston, PR1 3TPWalking directions to AA Newsagents
0.3 miSid'sManchester Road, Preston, PR1 3YHWalking directions to Sid's
0.3 miThe Late Shop6 Lancaster Road, Preston, PR1 1DAWalking directions to The Late Shop
0.3 miPasha SuperstoreBlelock Street, Preston, PR1 3AGWalking directions to Pasha Superstore
0.4 miOne Stop12 Church Street, Preston, PR1 3BAWalking directions to One Stop