Housing Market Analysis for SPRING BANK, PR1 8PL

Are you looking to understand PR1 8PL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Preston postcode.

For the location information and nearby amenities in the PR1 8PL area, explore the PR1 8PL Area information page.
For comprehensive crime statistics in the PR1 8PL area, explore the PR1 8PL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PR1 8PL postcode area, The average prices are as follows,

Flat
- The average price is around £45,767 median price is £42,500 Standard Deviation is £23,025 with Total Sold: 10
- The Last 5 Year average price is £54,475 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 4, GATEHOUSE SPRING BANK: £54,475 (Sold on 31 Mar 2022)
- The first recorded sale happened at this postcode is FLAT 1, GATEHOUSE SPRING BANK: £22,000 (Sold on 28 Nov 1997)
Terraced
- The average price is around £64,511 median price is £43,750 Standard Deviation is £47,263 with Total Sold: 22
- The Last 5 Year average price is £200,000 with Total Sold: 1
- The most recent sale happened at this postcode is 16 SPRING BANK: £200,000 (Sold on 22 Jul 2020)
- The first recorded sale happened at this postcode is 15 SPRING BANK: £29,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £59,500 median price is £59,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 12 SPRING BANK: £59,500 (Sold on 29 Oct 1997)
- The first recorded sale happened at this postcode is 12 SPRING BANK: £59,500 (Sold on 29 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PR1 8PL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£54,475	£1,329	1
2013	£48,500	£1,242	1
2010	£78,950	£1,926	1
2007	£68,000	£1,742	1
2004	£82,000	£2,000	1
2002	£36,500	£890	1
2000	£24,000		1
1999	£18,499		1
1998	£24,750	£604	1
1997	£22,000	£564	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£200,000	£980	1
2017	£98,000		1
2016	£100,000	£1,887	1
2014	£98,000	£1,849	1
2008	£119,000	£2,302	1
2007	£91,606	£1,977	2
2006	£150,000	£1,111	1
2004	£42,500		1
2003	£44,800	£1,219	2
2002	£41,225	£790	2
2001	£25,250	£293	2
2000	£23,000	£447	1
1999	£33,000		2
1998	£21,488	£410	2
1995	£37,000	£398	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1997	£59,500		1

All the Sales in the SPRING BANK, PR1 8PL

See the table below for more details on the sold house prices in the PR1 8PL, Preston postcode.

Address	Sold Date	Price	% Change
FLAT 4, GATEHOUSE SPRING BANKFlat, LeaseholdArea: 41 Sq.mtrAge: 1991-1995	31 Mar 2022	£54,475	-31.00%
	15 Jul 2010	£78,950	-3.72%
	10 Dec 2004	£82,000	First Sale
16 SPRING BANKTerraced, FreeholdArea: 204 Sq.mtrAge: before 1900	22 Jul 2020	£200,000	640.74%
	10 Jul 2001	£27,000	First Sale
18 SPRING BANKTerraced, Freehold	20 Apr 2017	£98,000	First Sale
2 SPRING BANKTerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	18 Jul 2016	£100,000	2.04%
	12 Aug 2014	£98,000	First Sale
FLAT 1, GATEHOUSE SPRING BANKFlat, LeaseholdArea: 39.04 Sq.mtrAge: 1991-1995	25 Oct 2013	£48,500	-28.68%
	12 Sep 2007	£68,000	209.09%
	28 Nov 1997	£22,000	First Sale
3 SPRING BANKTerraced, FreeholdArea: 51.7 Sq.mtrAge: 1991-1995	04 Mar 2008	£119,000	88.89%
	31 Mar 2003	£63,000	168.09%
	03 Aug 2001	£23,500	11.90%
	05 Oct 1998	£21,000	First Sale
1 SPRING BANKTerraced, LeaseholdArea: 51.4 Sq.mtrAge: 1991-1995	27 Apr 2007	£93,738	307.56%
	05 Jan 2000	£23,000	First Sale
6 SPRING BANKTerraced, LeaseholdArea: 42 Sq.mtrAge: 1996-2002	20 Apr 2007	£89,475	First Sale
10 SPRING BANKTerraced, FreeholdArea: 135 Sq.mtrAge: before 1900	20 Oct 2006	£150,000	First Sale
FLAT 5, GATEHOUSE SPRING BANKTerraced, Leasehold	23 Dec 2004	£42,500	59.77%
FLAT 5, GATEHOUSE SPRING BANKTerraced, Leasehold	02 Jan 2003	£26,600	First Sale
FLAT 6, GATEHOUSE SPRING BANKFlat, LeaseholdArea: 41 Sq.mtrAge: 1976-1982	08 Nov 2002	£36,500	47.47%
	02 Jun 1998	£24,750	First Sale
4 SPRING BANKTerraced, LeaseholdArea: 52.173 Sq.mtrAge: 1983-1990	25 Oct 2002	£54,950	99.82%
	25 Oct 2002	£27,500	First Sale
FLAT 2, GATEHOUSE SPRING BANKFlat, Leasehold	14 Apr 2000	£24,000	First Sale
FLAT 3, GATEHOUSE SPRING BANKFlat, Leasehold	07 Oct 1999	£18,499	First Sale
11 SPRING BANKTerraced, Freehold	27 Aug 1999	£33,500	First Sale
8 SPRING BANKTerraced, Freehold	20 Apr 1999	£32,500	First Sale
5 SPRING BANKTerraced, LeaseholdArea: 53 Sq.mtrAge: 1991-1995	19 Jun 1998	£21,975	First Sale
12 SPRING BANKSemi-Detached, Freehold	29 Oct 1997	£59,500	First Sale
13 SPRING BANKTerraced, FreeholdArea: 113 Sq.mtrAge: before 1900	22 Dec 1995	£45,000	First Sale
15 SPRING BANKTerraced, Freehold	12 Jan 1995	£29,000	First Sale

Check out the sold house prices near the PR1 8PL postcode. Properties currently for saleProperties currently for rent

SPRING BANK, PR1 8PL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PR1 8PL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PR1 8PL postcode.

Flat
- The average price is around £98,175 median price is £87,221 Standard Deviation is £57,658 with Total Sold: 456
- The Last 5 Year average price is £115,818 with Total Sold: 143
- The most recent sale happened at this postcode is APARTMENT 16, OLD SCHOOL SQUARE BURLEIGH ROAD: £104,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 25 GERRARD STREET: £30,000 (Sold on 08 Feb 1995)
Terraced
- The average price is around £82,159 median price is £79,000 Standard Deviation is £52,905 with Total Sold: 1,402
- The Last 5 Year average price is £112,469 with Total Sold: 217
- The most recent sale happened at this postcode is , 4 TAY STREET: £93,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 4 LANGTON STREET: £17,000 (Sold on 03 Jan 1995)
Other
- The average price is around £786,274 median price is £275,000 Standard Deviation is £1,645,228 with Total Sold: 95
- The Last 5 Year average price is £927,857 with Total Sold: 50
- The most recent sale happened at this postcode is , 5 FISHERGATE HILL: £184,500 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 31 WINCKLEY SQUARE: £204,000 (Sold on 18 Nov 2013)
Semi-Detached
- The average price is around £109,740 median price is £91,450 Standard Deviation is £91,350 with Total Sold: 166
- The Last 5 Year average price is £200,827 with Total Sold: 23
- The most recent sale happened at this postcode is , 8 WEST CLIFF TERRACE: £170,000 (Sold on 29 Dec 2023)
- The first recorded sale happened at this postcode is , 53 GRAFTON STREET: £19,000 (Sold on 06 Feb 1995)
Detached
- The average price is around £201,415 median price is £125,000 Standard Deviation is £234,814 with Total Sold: 39
- The Last 5 Year average price is £233,500 with Total Sold: 2
- The most recent sale happened at this postcode is , MILLER PARK LODGE WEST CLIFF: £167,000 (Sold on 19 May 2020)
- The first recorded sale happened at this postcode is , MILLER PARK LODGE WEST CLIFF: £60,000 (Sold on 08 Jan 1999)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£101,012	£1,555	6
2023	£110,518	£1,649	31
2022	£106,207	£1,864	18
2021	£118,137	£1,746	19
2020	£92,600	£1,249	15
2019	£129,342	£2,526	54
2018	£47,167	£869	3
2017	£101,538	£1,250	13
2016	£81,912	£1,324	12
2015	£71,886	£1,530	35
2014	£62,800	£1,334	5
2013	£66,300	£1,465	5
2012	£56,500	£1,041	3
2011	£104,167	£1,651	9
2010	£61,825	£1,167	6
2009	£97,400	£1,513	10
2008	£99,192	£1,705	13
2007	£97,156	£1,802	32
2006	£154,188	£2,385	56
2005	£141,588	£2,165	20
2004	£82,461	£1,596	14
2003	£64,591	£942	11
2002	£59,621	£721	12
2001	£48,557	£721	7
2000	£32,821	£590	12
1999	£27,922	£584	8
1998	£27,062	£559	4
1997	£25,414	£474	7
1996	£29,775	£525	10
1995	£27,000	£430	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£107,647	£1,699	17
2023	£122,607	£1,400	29
2022	£117,195	£1,449	55
2021	£113,282	£1,280	53
2020	£110,963	£1,238	23
2019	£100,459	£1,231	40
2018	£101,266	£1,089	46
2017	£104,398	£1,168	44
2016	£114,594	£1,106	42
2015	£100,088	£1,151	34
2014	£90,138	£1,131	34
2013	£88,607	£1,136	33
2012	£99,697	£1,161	21
2011	£88,870	£1,155	27
2010	£102,709	£1,173	33
2009	£91,893	£1,138	14
2008	£128,398	£1,271	35
2007	£117,770	£1,408	74
2006	£113,066	£1,322	76
2005	£98,177	£1,151	72
2004	£92,872	£1,134	62
2003	£69,534	£804	81
2002	£48,910	£634	102
2001	£38,642	£472	69
2000	£36,945	£419	72
1999	£32,304	£375	41
1998	£46,829	£433	39
1997	£31,918	£395	51
1996	£32,334	£442	38
1995	£34,955	£381	45

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,500		3
2023	£1,331,875	£2,858	12
2022	£1,620,278	£36,657	9
2021	£1,406,071	£2,257	7
2020	£214,500	£1,792	4
2019	£307,124	£7,737	15
2018	£749,600	£8,073	15
2017	£593,481	£7,326	12
2016	£490,082		11
2015	£948,125		4
2014	£275,000		2
2013	£204,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£164,630	£1,839	4
2022	£297,000	£1,532	8
2021	£146,643	£1,394	7
2019	£139,500	£736	4
2018	£129,500	£1,083	2
2017	£111,000	£1,565	2
2016	£120,750	£1,442	6
2015	£99,333	£1,247	3
2014	£107,750	£1,241	4
2013	£89,950	£1,232	1
2012	£115,500	£903	2
2011	£120,625	£1,309	4
2010	£119,500	£655	4
2009	£113,080	£1,206	5
2008	£165,207	£1,089	7
2007	£142,375	£1,429	8
2006	£131,000	£1,294	6
2005	£138,877	£1,024	10
2004	£105,250	£963	16
2003	£81,406	£960	8
2002	£84,700	£939	15
2001	£51,375	£402	6
2000	£48,130	£479	9
1999	£52,000	£371	1
1998	£51,125	£628	4
1997	£40,017	£399	9
1996	£38,625	£371	2
1995	£33,917	£213	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£167,000	£954	1
2019	£300,000		1
2016	£184,950	£1,712	1
2015	£125,000	£1,359	1
2011	£232,000	£1,504	1
2010	£118,000	£1,710	1
2009	£192,400	£1,259	2
2008	£393,000		1
2007	£385,000	£10,405	1
2005	£79,000		2
2004	£164,667		3
2003	£390,167	£1,082	6
2002	£95,250	£904	4
2001	£372,000	£507	4
2000	£66,075	£711	6
1999	£76,750	£421	4

House Type in PR1 8PL area

The most common house types in the PR1 8PL postcode area are Flat (42), Shared house (25), and Terraced (17).

Total	89
Flat	42
Shared house	25
Terraced	17
converted building	3
Semi-detached	2
Detached	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (64), and Owned: Owns outright (13).

Private rented: Private landlord or letting agency	64
Owned: Owns outright	13
Owned: Owns with a mortgage or loan	5
Social rented: Other social rented	5
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PR1 8PL have 1 person in household (50), and 2 people in household (24).

1 person in household	50
2 people in household	24
3 people in household	8
4 people in household	3
5 people in household	2
8 or more people in household	2
0 people in household	0
6 people in household	0
7 people in household	0