Flat 1, 17-18
Flat 1, 17-18
Description & Estimates
According to the public record, Flat 1, 17-18, Cannon Street, Preston is a modern apartment with 258 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 17-18, Cannon Street, Preston is £102,594 and the estimated rental value is £547 per month.
The apartment is within 17, Cannon Street, Preston, PR1.
Cannon Street, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Our Data Sources
Flat 1, 17-18, Cannon Street, Preston has no records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data 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
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 Flat 1, 17-18, Cannon Street, Preston is in very good condition we estimate a sale value of £107,723 and a rental value of £574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,412 and a rental value of £509 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 17-18, Cannon Street, Preston has declined by £521 (0.5%), while its estimated rental value has climbed by £15 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
Flat 1, 17-18, Cannon Street, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, 17-18, Cannon Street, Preston within a radius of 370 metres over the last 2 years.
The most recent example is Flat 5, 58-60, Guildhall Street, Preston, PR1 3AP, a leasehold flat which sold for £100,000 on the 24th July 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cannon Street, Preston, PR1 has a total of 70 addresses. According to our analysis of all the public data, Flat 1, 17-18, Cannon Street, Preston is the 70th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in PR1.
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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
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Public Transport Nearby
The closest station to Flat 1, 17-18, Cannon Street, Preston is Preston (Lancs) station, which is 600 metres away.
- 600mPreston (Lancs)
- 3.8kmLostock Hall
- 4.2kmBamber Bridge
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
