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According to the public record, 225A, Ribbleton Lane, Preston is a period apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 225A, Ribbleton Lane, Preston is £69,593 and the estimated rental value is £563 per month.
The apartment is within 225, Ribbleton Lane, Preston, PR1.
Ribbleton Lane, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
225A, Ribbleton Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 225A, Ribbleton Lane, Preston is in very good condition we estimate a sale value of £73,073 and a rental value of £591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,721 and a rental value of £523 per month.
Over the last 12 months the sale value of 225A Ribbleton Lane Preston has decreased by an estimated £590 (0.8%) and its rental value has increased by an estimated £14 per month (2.5%), giving an expected gross yield of 9.7%.
225A, Ribbleton Lane, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 225A, Ribbleton Lane, Preston within a radius of 400 metres over the last 2 years.
The most recent example is 23, Dodgson Place, Preston, PR1 5JT, a leasehold flat which sold for £66,000 on the 9th November 2021.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ribbleton Lane, Preston, PR1 has a total of 106 addresses. According to our analysis of all the public data, 225A, Ribbleton Lane, Preston is the 56th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in PR1.
The closest station to 225A, Ribbleton Lane, Preston is Preston (Lancs) station which is 2.2 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 225A, Ribbleton Lane, Preston, 56.2% of property is privately rented and 20.8% 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 225A, Ribbleton Lane, Preston, 25.9% of residents are recorded as possessing school level qualifications and 22.0% 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 225A, Ribbleton Lane, Preston, the average age was 32.4 and the most common age was 27.
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 225A, Ribbleton Lane, 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 225A, Ribbleton Lane, 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.
