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According to the public record, 54A, Shakespeare Road, Preston is a mid-century leasehold apartment with 505 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 54A, Shakespeare Road, Preston is £46,865 and the estimated rental value is £392 per month.
The apartment is within 54, Shakespeare Road, Preston, PR1.
Shakespeare Road, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
54A, Shakespeare Road, Preston has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated March 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.
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 54A, Shakespeare Road, Preston is in very good condition we estimate a sale value of £49,208 and a rental value of £411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £43,585 and a rental value of £364 per month.
Over the last 12 months the sale value of 54A Shakespeare Road Preston has decreased by an estimated £242 (0.5%) and its rental value has increased by an estimated £11 per month (2.9%), giving an expected gross yield of 10%.
54A, Shakespeare Road, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2020.
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, 54A, Shakespeare Road, Preston was last sold on 11th September 2020 for £37,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 77.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 420 metres radius of 54A, Shakespeare Road, Preston over the last 2 years.
The most recent example is 56, Miller Road, Preston, PR1 5QU, a freehold house which sold for £96,000 on the 30th November 2018.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shakespeare Road, Preston, PR1 has a total of 98 addresses. According to our analysis of all the public data, 54A, Shakespeare Road, Preston is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in PR1.
The closest station to 54A, Shakespeare Road, Preston is Preston (Lancs) station which is 2.6 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 54A, Shakespeare Road, Preston, 78.5% of property is socially rented and 9.0% is privately 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 54A, Shakespeare Road, Preston, 25.2% of residents are recorded as possessing school level qualifications and 18.0% 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 54A, Shakespeare Road, 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 54A, Shakespeare Road, 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 54A, Shakespeare Road, Preston, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
