3, Gillett Street
3, Gillett Street
Description & Estimates
Public records show 3, Gillett Street, Preston to be a mid-century leasehold apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
3, Gillett Street, Preston has an estimated sale value of £70,486 and an estimated rental value of £571 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Gillett Street, Preston, PR1.
Gillett Street, Preston, PR1 lies in the borough of Preston, within the PR1 postal district.
Our Data Sources
3, Gillett Street, Preston has 2 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated December 2018.
We combine this information with that 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
In very good condition, we estimate 3, Gillett Street, Preston would be worth £74,010, with a potential rental value of £600 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £65,552, with a rental value of £531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Gillett Street, Preston has declined by £364 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £17 (2.9%). The property's estimated gross yield is currently 9.7%.
Energy Efficiency
3, Gillett Street, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Gillett Street, Preston last changed hands on 1st March 2019, selling for £60,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 45.3% since March 2019.
- Sold Mar 2019£60,000
- Sold Nov 2014£48,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 420 metres of 3, Gillett Street, Preston across the last 2 years.
Most recently, 204, Ribbleton Lane, Preston, PR1 5LE, a freehold house, sold at £98,000 on the 9th January 2024.
Read more about house prices in PR1.
- Sold Jan 2024£98,000 | 3 Bed House204, Ribbleton Lane, Preston, PR1 5LE204, Ribbleton Lane, Preston, PR1 5LE
- Sold Aug 2020£65,000 | 2 Bed House195, Ribbleton Lane, Preston, PR1 5DY195, Ribbleton Lane, Preston, PR1 5DY
- Sold Oct 2018£53,000 | 3 Bed House206, Ribbleton Lane, Preston, PR1 5LE206, Ribbleton Lane, Preston, PR1 5LE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Gillett Street, Preston as the 47th largest and the 47th most expensive of the 50 addresses on Gillett Street, Preston, PR1.
Against the PR1 postcode district average, it is £94k less expensive than the typical property.
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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
More reading links
Public Transport Nearby
Preston (Lancs) station is the nearest stop to 3, Gillett Street, Preston at 2.0 kilometres away.
- 2.0kmPreston (Lancs)
- 4.7kmBamber Bridge
- 4.8kmLostock Hall
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
