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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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2, Smith Street, Preston is described in the public record as a period apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Smith Street, Preston is £74,512 and its rental estimate is £489 per month, given the available information and assuming reasonable condition.
Smith Street, Bamber Bridge, Preston, PR5 falls within the PR5 postal district, in the borough of South Ribble.
2, Smith Street, Preston has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
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.
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, Smith Street, Preston, we estimate a market value of £78,238 and a rental value of £513 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,296 and £454 per month respectively.
Over the last year, 2, Smith Street, Preston has seen its estimated sale value climb by £109 (0.1%) and its estimated rental value rise by £19 per month (3.9%). This results in an estimated gross rental yield of 7.9%.
2, Smith Street, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 2, Smith Street, Preston have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th October 2023, was 1 Chadwick Court, Hopwood Street, Preston, PR5 6HA, a leasehold flat which sold for £66,825.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Smith Street, Bamber Bridge, Preston, PR5, 2, Smith Street, Preston comes out as the 11th largest and the 19th most expensive in our analysis of the public data.
It is also £135k less expensive than the average property across the PR5 district.
From 2, Smith Street, Preston, the nearest station is Bamber Bridge, 200 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Smith Street, Preston, 30.3% of property is privately owned outright and 28.8% is socially rented.
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, Smith Street, Preston, 13.6% of residents are recorded as possessing school level qualifications and 18.4% 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, Smith Street, Preston, the average age was 39.5 and the most common age was 32.
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, Smith Street, 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, Smith Street, Preston, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
