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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Farringdon Close, Preston is a mid-century leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Farringdon Close, Preston is £44,655 and the estimated rental value is £359 per month.
The apartment is within 5, Farringdon Close, Preston, PR1.
Farringdon Close, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
5, Farringdon Close, Preston has 21 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated March 2019.
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.
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 5, Farringdon Close, Preston is in very good condition we estimate a sale value of £46,888 and a rental value of £377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £41,530 and a rental value of £334 per month.
Over the last 12 months the sale value of 5 Farringdon Close Preston has increased by an estimated £505 (1.1%) and its rental value has increased by an estimated £13 per month (3.8%), giving an expected gross yield of 9.6%.
5, Farringdon Close, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Farringdon Close, Preston was last sold on 22nd October 2021 for £39,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2021, the market for similar properties has risen 69.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Farringdon Close, Preston within a radius of 740 metres over the last 2 years.
The most recent example is 4A, Farringdon Close, Preston, PR1 5UB, a leasehold flat which sold for £23,500 on the 17th February 2015.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farringdon Close, Preston, PR1 has a total of 24 addresses. According to our analysis of all the public data, 5, Farringdon Close, Preston is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in PR1.
The closest station to 5, Farringdon Close, Preston is Preston (Lancs) station which is 3.6 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Farringdon Close, Preston, 59.7% of property is socially rented and 19.3% is privately owned with a mortgage.
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 5, Farringdon Close, Preston, 15.4% of residents are recorded as possessing school level qualifications and 17.5% 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 5, Farringdon Close, Preston, the average age was 35.9 and the most common age was 12.
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 5, Farringdon Close, Preston, 0.0% 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 5, Farringdon Close, Preston, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
