25 Cubic, Preston
25 Cubic, Preston
Description & Estimates
25 Cubic, Preston is recorded publicly as a modern leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 25 Cubic, Preston is £104,502 and its rental estimate is £706 per month, given the available information and assuming reasonable condition.
Cubic, Birley Street is a residential building on Birley Street, Preston, PR1 and falls within the PR1 postal district and the borough of Preston.
Our Data Sources
25 Cubic, Preston has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated October 2017.
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
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 25 Cubic, Preston, we estimate a market value of £109,727 and a rental value of £741 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,187 and £657 per month respectively.
Recent Market Change
Over the last year, 25 Cubic, Preston has seen its estimated sale value drop by £886 (0.8%) and its estimated rental value rise by £18 per month (2.5%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
25 Cubic, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 25 Cubic, Preston completed on 22nd August 2008 at £128,350 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.8% over the period since August 2008.
- Sold Aug 2008£128,350
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 25 Cubic, Preston have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 17, City Views, Preston, PR1 3QE, a leasehold flat which sold for £92,000.
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 Birley Street, Preston, PR1, 25 Cubic, Preston comes out as the 22nd largest and the 22nd most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the PR1 district.
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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
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Public Transport Nearby
From 25 Cubic, Preston, the nearest station is Preston (Lancs), 600 metres away.
- 600mPreston (Lancs)
- 3.9kmLostock Hall
- 4.3kmBamber Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
