16 Cubic, Preston
16 Cubic, Preston
Description & Estimates
According to the public record, 16 Cubic, Preston is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16 Cubic, Preston is £105,314 and the estimated rental value is £710 per month.
The apartment is within Cubic, Birley Street, Preston, PR1.
Birley Street, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Our Data Sources
16 Cubic, Preston has 2 entries in the Land Registry , most recently in March 2019 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 16 Cubic, Preston is in very good condition we estimate a sale value of £110,579 and a rental value of £745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,942 and a rental value of £660 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16 Cubic, Preston has fallen by £893 (0.8%), while its estimated rental value has moved up by £18 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 8.1%.
Energy Efficiency
16 Cubic, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 16 Cubic, Preston was last sold on 27th March 2019 for £54,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2019, the market for similar properties has risen by 9.4%.
- Sold Mar 2019£54,000
- Sold Nov 2015£84,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Cubic, Preston within a radius of 400 metres over the last 2 years.
The most recent example is 11, City Views, Preston, PR1 3QE, a leasehold flat which sold for £90,000 on the 19th January 2024.
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
Birley Street, Preston, PR1 has a total of 50 addresses. According to our analysis of all the public data, 16 Cubic, Preston is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in PR1.
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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
More reading links
Public Transport Nearby
The closest station to 16 Cubic, Preston is Preston (Lancs) station, which is 600 metres away.
- 600mPreston (Lancs)
- 3.9kmLostock Hall
- 4.3kmBamber Bridge
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
