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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Farringdon Close, Preston is a mid-century apartment with 559 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 2, Farringdon Close, Preston is £53,090 and the estimated rental value is £424 per month.
The apartment is within 2, Farringdon Close, Preston, PR1.
Farringdon Close, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
2, Farringdon Close, Preston has no records in the the Land Registry and a single entry in the EPC database dated February 2016.
We combine this information with public data 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 2, Farringdon Close, Preston is in very good condition we estimate a sale value of £55,744 and a rental value of £446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £49,374 and a rental value of £395 per month.
Over the last 12 months the sale value of 2 Farringdon Close Preston has increased by an estimated £363 (0.7%) and its rental value has increased by an estimated £15 per month (3.5%), giving an expected gross yield of 9.6%.
2, Farringdon Close, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 750 metres radius of 2, Farringdon Close, Preston over the last 2 years.
The most recent example is 67, Farringdon Crescent, Preston, PR1 5TY, a freehold house which sold for £143,000 on the 12th June 2023.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farringdon Close, Preston, PR1 has a total of 24 addresses. According to our analysis of all the public data, 2, Farringdon Close, Preston is the largest and the most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in PR1.
The closest station to 2, Farringdon Close, Preston is Preston (Lancs) station which is 3.6 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Farringdon Close, Preston, 59.7% of property is socially rented and 19.3% is privately owned with a mortgage.
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 2, Farringdon Close, Preston, 15.4% of residents are recorded as possessing school level qualifications and 17.5% 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 2, Farringdon Close, Preston, the average age was 35.9 and the most common age was 12.
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 2, Farringdon Close, Preston, 0.0% 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 2, Farringdon Close, Preston, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
