2, Gillett Street
2, Gillett Street
Description & Estimates
2, Gillett Street, Preston is described in the public record as a modern apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Gillett Street, Preston is £73,877 and its rental estimate is £612 per month, given the available information and assuming reasonable condition.
Gillett Street, Preston, PR1 falls within the PR1 postal district, in the borough of Preston.
Our Data Sources
2, Gillett Street, Preston has no records in the the Land Registry and a single entry in the EPC database dated December 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.
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 2, Gillett Street, Preston, we estimate a market value of £77,570 and a rental value of £642 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £68,705 and £569 per month respectively.
Recent Market Change
Over the last year, 2, Gillett Street, Preston has seen its estimated sale value decrease by £626 (0.8%) and its estimated rental value grow by £15 per month (2.5%). This results in an estimated gross rental yield of 9.9%.
Energy Efficiency
2, Gillett Street, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 2, Gillett Street, Preston have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2021, was 71, Wilbraham Street, Preston, PR1 5NN, a leasehold flat which sold for £64,950.
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 Gillett Street, Preston, PR1, 2, Gillett Street, Preston comes out as the 35th largest and the 35th most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the PR1 district.
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Schools Nearby
- 400mSt Joseph's Catholic Primary School, Preston
- 500mRibbleton Avenue Infant School
- 600mRibbleton Avenue Methodist Junior School
- 200mPreston Muslim Girls High School
- 800mEden Boys' School, Preston
- 800mMoor Park High School and Sixth Form
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Public Transport Nearby
From 2, Gillett Street, Preston, the nearest station is Preston (Lancs), 2.0 kilometres away.
- 2.0kmPreston (Lancs)
- 4.7kmBamber Bridge
- 4.8kmLostock Hall
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
