2 The Goldthread Works, Preston
2 The Goldthread Works, Preston
Description & Estimates
According to the public record, 2 The Goldthread Works, 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 2 The Goldthread Works, Preston is £88,326 and the estimated rental value is £672 per month.
The apartment is within The Goldthread Works, Avenham Road, Preston, PR1.
Avenham Road, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Our Data Sources
2 The Goldthread Works, Preston has 21 entries in the Land Registry , most recently in October 2009 and a single entry in the EPC database dated September 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 2 The Goldthread Works, Preston is in very good condition we estimate a sale value of £92,742 and a rental value of £706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,143 and a rental value of £625 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 The Goldthread Works, Preston has decreased by £749 (0.8%), while its estimated rental value has grown by £17 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 9.1%.
Energy Efficiency
2 The Goldthread Works, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2019.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 2 The Goldthread Works, Preston was last sold on 16th October 2009 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2009, the market for similar properties has dropped by 16.6%.
- Sold Oct 2009£125,000
- Sold Apr 2006£131,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Goldthread Works, Preston within a radius of 380 metres over the last 2 years.
The most recent example is 17, City Views, Preston, PR1 3QE, a leasehold flat which sold for £92,000 on the 18th October 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
Avenham Road, Preston, PR1 has a total of 89 addresses. According to our analysis of all the public data, 2 The Goldthread Works, Preston is the 29th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in PR1.
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Schools Nearby
- 500mSt Augustine's Catholic Primary School, Preston
- 700mFrenchwood Community Primary School
- 900mSt Ignatius' Catholic Primary School, Preston
- 1.0kmChrist The King Catholic High School
- 1.0kmEden Boys' School, Preston
- 1.4kmPreston Muslim Girls High School
More reading links
Public Transport Nearby
The closest station to 2 The Goldthread Works, Preston is Preston (Lancs) station, which is 600 metres away.
- 600mPreston (Lancs)
- 3.7kmLostock Hall
- 4.1kmBamber 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.
