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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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56, Gisburn Road, Preston is recorded publicly as a mid-century leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 56, Gisburn Road, Preston is £33,195 and its rental estimate is £288 per month, given the available information and assuming reasonable condition.
Gisburn Road, Ribbleton, Preston, PR2 falls within the PR2 postal district, in the borough of Preston.
56, Gisburn Road, Preston has a single entry in the Land Registry from September 2009 and a single entry in the EPC database dated February 2020.
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.
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 56, Gisburn Road, Preston, we estimate a market value of £34,855 and a rental value of £303 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £30,872 and £268 per month respectively.
Over the last year, 56, Gisburn Road, Preston has seen its estimated sale value rise by £54 (0.2%) and its estimated rental value move up by £11 per month (3.6%). This results in an estimated gross rental yield of 10.4%.
56, Gisburn Road, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2020.
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 56, Gisburn Road, Preston completed on 18th September 2009 at £27,000 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 risen by 199.7% over the period since September 2009.
Over the past 2 years 3 properties similar to 56, Gisburn Road, Preston have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2024, was Flat 8, Holland Lodge, Grange Avenue, Preston, PR2 6PG, a leasehold flat which sold for £32,000.
Read more about house prices in PR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 86 addresses on Gisburn Road, Ribbleton, Preston, PR2, 56, Gisburn Road, Preston comes out as the 70th largest and the 71st most expensive in our analysis of the public data.
It is also £168k less expensive than the average property across the PR2 district.
From 56, Gisburn Road, Preston, the nearest station is Preston (Lancs), 4.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 56, Gisburn Road, Preston, 51.4% of property is socially rented and 18.4% 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 56, Gisburn Road, Preston, 29.5% of residents are recorded as possessing school level qualifications and 20.1% 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 56, Gisburn Road, Preston, the average age was 37.9 and the most common age was 7.
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 56, Gisburn Road, Preston, 0.4% 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 56, Gisburn Road, Preston, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
