41 Cubic, Preston
41 Cubic, Preston
Description & Estimates
According to the public record, 41 Cubic, Preston is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41 Cubic, Preston is £120,319 and the estimated rental value is £797 per month.
The apartment is within Cubic, Birley Street, Preston, PR1.
Birley Street, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Our Data Sources
41 Cubic, Preston has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated November 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 41 Cubic, Preston is in very good condition we estimate a sale value of £126,335 and a rental value of £837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,897 and a rental value of £741 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 41 Cubic, Preston has decreased by £1,447 (1.2%), while its estimated rental value has grown by £16 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
41 Cubic, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 41 Cubic, Preston was last sold on 31st July 2014 for £84,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has dropped by 30.2%.
- Sold Jul 2014£84,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41 Cubic, Preston within a radius of 400 metres over the last 2 years.
The most recent example is 5 Cubic, Birley Street, Preston, PR1 2AQ, a leasehold flat which sold for £52,500 on the 13th December 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
Birley Street, Preston, PR1 has a total of 50 addresses. According to our analysis of all the public data, 41 Cubic, Preston is the largest and the most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in PR1.
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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
More reading links
Public Transport Nearby
The closest station to 41 Cubic, Preston is Preston (Lancs) station, which is 600 metres away.
- 600mPreston (Lancs)
- 3.9kmLostock Hall
- 4.3kmBamber 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.
