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41, Neapsands Close, 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 41, Neapsands Close, Preston is £138,781 and its rental estimate is £727 per month, given the available information and assuming reasonable condition.
Neapsands Close, Fulwood, Preston, PR2 falls within the PR2 postal district, in the borough of Preston.
41, Neapsands Close, Preston has 31 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated March 2023.
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.
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 41, Neapsands Close, Preston, we estimate a market value of £145,720 and a rental value of £763 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £129,066 and £676 per month respectively.
Over the last year, 41, Neapsands Close, Preston has seen its estimated sale value climb by £227 (0.2%) and its estimated rental value rise by £26 per month (3.6%). This results in an estimated gross rental yield of 6.3%.
41, Neapsands Close, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 41, Neapsands Close, Preston completed on 11th May 2017 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 27.0% over the period since May 2017.
Over the past 2 years 3 properties similar to 41, Neapsands Close, Preston have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th September 2021, was 33, Neapsands Close, Preston, PR2 9AQ, a leasehold flat which sold for £118,000.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Neapsands Close, Fulwood, Preston, PR2, 41, Neapsands Close, Preston comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the PR2 district.
From 41, Neapsands Close, Preston, the nearest station is Preston (Lancs), 3.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 41, Neapsands Close, Preston, 42.3% of property is privately owned with a mortgage and 40.1% is privately owned outright.
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 41, Neapsands Close, Preston, 19.2% of residents are recorded as possessing school level qualifications and 38.4% 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 41, Neapsands Close, Preston, the average age was 42.5 and the most common age was 52.
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 41, Neapsands Close, Preston, 0.7% 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 41, Neapsands Close, Preston, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.