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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Trinity Place, Preston is £60,551 and the estimated rental value is £484 per month.
Trinity Place, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
1, Trinity Place, Preston has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Trinity Place, Preston is in very good condition we estimate a sale value of £63,578 and a rental value of £509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,312 and a rental value of £450 per month.
Over the last 12 months the sale value of 1 Trinity Place Preston has increased by an estimated £685 (1.1%) and its rental value has increased by an estimated £18 per month (3.8%), giving an expected gross yield of 9.6%.
1, Trinity Place, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Trinity Place, Preston was last sold on 21st September 2007 for £58,333 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has dropped 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 440 metres radius of 1, Trinity Place, Preston over the last 2 years.
The most recent example is 113, Market Street West, Preston, PR1 2HB, a freehold house which sold for £80,000 on the 8th September 2022.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trinity Place, Preston, PR1 has a total of 3 addresses. According to our analysis of all the public data, 1, Trinity Place, Preston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in PR1.
The closest station to 1, Trinity Place, Preston is Preston (Lancs) station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Trinity Place, Preston, 86.2% of property is privately rented and 8.3% is socially rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Trinity Place, Preston, 44.7% of residents are recorded as possessing school level qualifications and 53.5% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Trinity Place, Preston, the average age was 34.4 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Trinity Place, Preston, 1.1% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Trinity Place, Preston, there are an average of 0.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.