Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Public records show 7 Cubic, Preston to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7 Cubic, Preston has an estimated sale value of £97,712 and an estimated rental value of £674 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cubic, Birley Street, Preston, PR1.
Birley Street, Preston, PR1 lies in the borough of Preston, within the PR1 postal district.
7 Cubic, Preston has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated May 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.
In very good condition, we estimate 7 Cubic, Preston would be worth £102,597, with a potential rental value of £708 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £90,872, with a rental value of £627 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7 Cubic, Preston has fallen by £828 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £17 (2.5%). The property's estimated gross yield is currently 8.3%.
7 Cubic, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
7 Cubic, Preston last changed hands on 2nd July 2008, selling for £123,250. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 3.3% since July 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 7 Cubic, Preston across the last 2 years.
Most recently, 12 Cubic, Birley Street, Preston, PR1 2AQ, a leasehold flat, sold at £50,000 on the 13th December 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7 Cubic, Preston as the 32nd largest and the 32nd most expensive of the 50 addresses on Birley Street, Preston, PR1.
Against the PR1 postcode district average, it is £67k less expensive than the typical property.
Preston (Lancs) station is the nearest stop to 7 Cubic, Preston at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 Cubic, Preston, 86.2% of property is privately rented and 8.3% is socially rented.
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 7 Cubic, Preston, 44.7% of residents are recorded as possessing school level qualifications and 53.5% 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 7 Cubic, Preston, the average age was 34.4 and the most common age was 22.
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 7 Cubic, Preston, 1.1% 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 7 Cubic, Preston, there are an average of 0.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
