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Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL

How much is Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL worth?

Estimated value — November 2026

£64,000

Likely range £45,000 – £84,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale October 1999

32%

confidence

Low

Typically within 17% of the sale price

Property details

Flat / Maisonette

Spring Bank · Preston · PR1 8PL

Address

District
Preston
County
Lancashire
See house prices in PR1 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£20k£40k£60k£80k£100k20002002200420062008201020122014201620182020202220242026£64,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£19,856£17,211 – £23,805
2001£22,857£19,609 – £26,711
2002£27,838£23,547 – £32,581
2003£36,785£30,674 – £43,300
2004£46,583£38,318 – £55,399
2005£50,975£41,390 – £61,061
2006£54,576£43,850 – £65,562
2007£60,027£47,736 – £72,426
2008£51,628£40,563 – £62,672
2009£50,377£39,067 – £61,641
2010£46,836£35,916 – £57,661
2011£46,245£35,120 – £57,425
2012£45,800£34,641 – £57,235
2013£47,105£35,401 – £59,367
2014£47,979£35,882 – £60,942
2015£47,732£39,195 – £56,719
2016£49,483£40,085 – £59,376
2017£52,166£41,681 – £63,203
2018£50,956£40,151 – £62,330
2019£50,216£39,012 – £62,010
2020£50,389£38,589 – £62,810
2021£55,988£42,257 – £70,441
2022£59,866£44,522 – £76,018
2023£61,951£45,387 – £79,387
2024£63,090£45,524 – £81,581
2025£63,755£45,298 – £83,183
2026£64,000£45,000 – £84,000

Sale history

1999Sold
£18,499
2026Today — estimated
+246%£64,000

Mortgage calculator

£343

Estimated monthly repayment

£57,600

Loan amount

£66,057

Total interest

£123,657

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL is a flat on Spring Bank in Preston, Lancashire. Stede's estimated value for November 2026 is £64,000. Four in five similar homes sold within their likely range when tested; for this property that range is £45,000 to £84,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 36 similar homes in the same postcode sector (25%). The confidence score is 32 out of 100 (low): estimates like this one are typically within 17% of the eventual sale price.

It last sold in October 1999 for £18,499. The current estimate is 246% higher than that price. The current owner has held it for about 27 years.

The modelled value is unchanged over the past year and up 12% over the past five years.

Among 10 nearby properties Stede tracks in the PR1 area, estimated values run from £64,000 to £151,000. This flat's £64,000 sits toward the lower end of that range.

Common questions

How much is Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL worth?

Stede estimates Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL is worth £64,000 as of November 2026, within a likely range of £45,000 to £84,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL last sell?

It last sold in October 1999 for £18,499.

What type of property is Gatehouse, Flat 3, Spring Bank, Preston, Lancashire, PR1 8PL?

It is recorded as a Flat / Maisonette on Spring Bank in the PR1 postcode area.

How reliable is this estimate?

The confidence score is 32 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 17% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 36 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 2,433 real sales of similar homes.

  • Its sale in October 1999, brought up to today with the House Price Index£51,12975%
  • 36 similar homes sold recently in the same postcode sector£104,13525%

Estimate £64,000, likely £45,000 – £84,000

Read the full methodology and data sources →