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According to the public record, B2 Bishopgate Gardens, Bishopgate, Preston is a modern leasehold apartment with 441 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 B2 Bishopgate Gardens, Bishopgate, Preston is £141,101 and the estimated rental value is £685 per month.
The apartment is within 2, Bishopgate, Preston, PR1.
Bishopgate, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
B2 Bishopgate Gardens, Bishopgate, Preston has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 B2 Bishopgate Gardens, Bishopgate, Preston is in very good condition we estimate a sale value of £148,156 and a rental value of £719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,224 and a rental value of £637 per month.
Over the last 12 months the sale value of B2 Bishopgate Gardens Bishopgate Preston has increased by an estimated £1,597 (1.1%) and its rental value has increased by an estimated £26 per month (3.8%), giving an expected gross yield of 5.8%.
B2 Bishopgate Gardens, Bishopgate, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, B2 Bishopgate Gardens, Bishopgate, Preston was last sold on 1st July 2022 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to B2 Bishopgate Gardens, Bishopgate, Preston within a radius of 420 metres over the last 2 years.
The most recent example is B52 Bishopgate Gardens, Bishopgate, Preston, PR1 1AT, a leasehold flat which sold for £255,000 on the 31st October 2023.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishopgate, Preston, PR1 has a total of 130 addresses. According to our analysis of all the public data, B2 Bishopgate Gardens, Bishopgate, Preston is the 74th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in PR1.
The closest station to B2 Bishopgate Gardens, Bishopgate, Preston is Preston (Lancs) station which is 800 metres away.
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 B2 Bishopgate Gardens, Bishopgate, 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 B2 Bishopgate Gardens, Bishopgate, 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 B2 Bishopgate Gardens, Bishopgate, 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 B2 Bishopgate Gardens, Bishopgate, 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 B2 Bishopgate Gardens, Bishopgate, 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.
