11 Cubic, Preston
11 Cubic, Preston
Description & Estimates
11 Cubic, Preston is recorded publicly as a modern leasehold apartment across 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 11 Cubic, Preston is £118,128 and its rental estimate is £760 per month, given the available information and assuming reasonable condition.
Cubic, Birley Street is a residential building on Birley Street, Preston, PR1 and falls within the PR1 postal district and the borough of Preston.
Our Data Sources
11 Cubic, Preston has 2 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11 Cubic, Preston, we estimate a market value of £124,035 and a rental value of £798 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,859 and £707 per month respectively.
Recent Market Change
Over the last year, 11 Cubic, Preston has seen its estimated sale value decrease by £1,001 (0.8%) and its estimated rental value grow by £19 per month (2.5%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
11 Cubic, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 11 Cubic, Preston completed on 6th October 2017 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 11.0% over the period since October 2017.
- Sold Oct 2017£80,000
- Sold Jul 2014£93,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11 Cubic, Preston have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 5 Cubic, Birley Street, Preston, PR1 2AQ, a leasehold flat which sold for £52,500.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 50 addresses on Birley Street, Preston, PR1, 11 Cubic, Preston comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £46k less expensive than the average property across the PR1 district.
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Schools Nearby
- 600mSt Augustine's Catholic Primary School, Preston
- 600mSt Ignatius' Catholic Primary School, Preston
- 800mFrenchwood Community Primary School
- 900mEden Boys' School, Preston
- 1.1kmChrist The King Catholic High School
- 1.2kmPreston Muslim Girls High School
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Public Transport Nearby
From 11 Cubic, Preston, the nearest station is Preston (Lancs), 600 metres away.
- 600mPreston (Lancs)
- 3.9kmLostock Hall
- 4.3kmBamber Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
