12A, Cannon Street
12A, Cannon Street
Description & Estimates
12A, Cannon Street, Preston is recorded publicly as a modern leasehold apartment across 861 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 12A, Cannon Street, Preston is £195,266 and its rental estimate is £989 per month, given the available information and assuming reasonable condition.
Cannon Street, Preston, PR1 falls within the PR1 postal district, in the borough of Preston.
Our Data Sources
12A, Cannon Street, Preston has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated April 2024.
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
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 12A, Cannon Street, Preston, we estimate a market value of £205,030 and a rental value of £1,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,598 and £920 per month respectively.
Recent Market Change
Over the last year, 12A, Cannon Street, Preston has seen its estimated sale value drop by £2,349 (1.2%) and its estimated rental value rise by £19 per month (2.0%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
12A, Cannon Street, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12A, Cannon Street, Preston completed on 10th May 2022 at £180,000 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 dropped by 36.7% over the period since May 2022.
- Sold May 2022£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12A, Cannon Street, Preston have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd August 2023, was Apartment 6, 7, Cannon Street, Preston, PR1 3NY, a leasehold flat which sold for £210,000.
Read more about house prices in PR1.
- Sold Aug 2023£210,000 | 3 Bed Flat7, Cannon StreetApartment 6, 7, Cannon Street, Preston, PR1 3NY
- Sold Oct 2021£198,500 | 3 Bed FlatThe Union Lofts 50, Guildhall StreetFlat 13, The Union Lofts 50, Guildhall Street, Preston, PR1 3AS
- Sold Sep 2021£210,000 | 3 Bed FlatThe Union Lofts 50, Guildhall StreetFlat 16, The Union Lofts 50, Guildhall Street, Preston, PR1 3AS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 70 addresses on Cannon Street, Preston, PR1, 12A, Cannon Street, Preston comes out as the 15th largest and the 9th most expensive in our analysis of the public data.
It is also £31k more expensive than the average property across the PR1 district.
More reading links
Schools Nearby
- 500mSt Augustine's Catholic Primary School, Preston
- 800mFrenchwood Community Primary School
- 800mSt Ignatius' Catholic Primary School, Preston
- 1.0kmEden Boys' School, Preston
- 1.0kmChrist The King Catholic High School
- 1.4kmPreston Muslim Girls High School
More reading links
Public Transport Nearby
From 12A, Cannon Street, Preston, the nearest station is Preston (Lancs), 600 metres away.
- 600mPreston (Lancs)
- 3.8kmLostock Hall
- 4.2kmBamber Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
