129, Princes Reach
129, Princes Reach
Description & Estimates
129, Princes Reach, Preston is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 129, Princes Reach, Preston is £104,636 and its rental estimate is £699 per month, given the available information and assuming reasonable condition.
Princes Reach, Ashton-On-Ribble, Preston, PR2 falls within the PR2 postal district, in the borough of Preston.
Our Data Sources
129, Princes Reach, Preston has 21 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 129, Princes Reach, Preston, we estimate a market value of £109,867 and a rental value of £734 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,311 and £650 per month respectively.
Recent Market Change
Over the last year, 129, Princes Reach, Preston has seen its estimated sale value rise by £171 (0.2%) and its estimated rental value move up by £25 per month (3.6%). This results in an estimated gross rental yield of 8.0%.
Energy Efficiency
129, Princes Reach, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 129, Princes Reach, Preston completed on 8th February 2024 at £117,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 28.8% over the period since February 2024.
- Sold Feb 2024£117,500
- Sold Mar 1998£46,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 129, Princes Reach, Preston have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 28, Princes Reach, Preston, PR2 2GA, a leasehold flat which sold for £87,000.
Read more about house prices in PR2.
- Sold Oct 2024£87,000 | 2 Bed Flat28, Princes Reach, Preston, PR2 2GA28, Princes Reach, Preston, PR2 2GA
- Sold Jun 2024£110,000 | 2 Bed Flat59, Princes Reach, Preston, PR2 2GA59, Princes Reach, Preston, PR2 2GA
- Sold Nov 2023£90,000 | 2 Bed Flat109, Princes Reach, Preston, PR2 2GB109, Princes Reach, Preston, PR2 2GB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 141 addresses on Princes Reach, Ashton-On-Ribble, Preston, PR2, 129, Princes Reach, Preston comes out as the 119th largest and the 135th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the PR2 district.
More reading links
Schools Nearby
- 1.0kmPenwortham Primary School
- 1.1kmAshton-on-Ribble St Andrew's Church of England Primary School
- 1.2kmSacred Heart Catholic Primary School, Preston
- 1.1kmPenwortham Priory Academy
- 1.4kmAshton Community Science College
- 1.5kmPenwortham Girls' High School
More reading links
Public Transport Nearby
From 129, Princes Reach, Preston, the nearest station is Preston (Lancs), 2.1 kilometres away.
- 2.1kmPreston (Lancs)
- 5.3kmLostock Hall
- 5.8kmSalwick
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 low, based on Environment Agency data.
