Flat 1, 274
Flat 1, 274
Description & Estimates
Flat 1, 274, Station Road, Preston is recorded publicly as a period leasehold apartment across 965 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 274, Station Road, Preston is £155,778 and its rental estimate is £772 per month, given the available information and assuming reasonable condition.
274, Station Road is a residential building on Station Road, Bamber Bridge, Preston, PR5 and falls within the PR5 postal district and the borough of South Ribble.
Our Data Sources
Flat 1, 274, Station Road, Preston has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated June 2010.
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.
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 Flat 1, 274, Station Road, Preston, we estimate a market value of £163,567 and a rental value of £811 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £144,873 and £718 per month respectively.
Recent Market Change
Over the last year, Flat 1, 274, Station Road, Preston has seen its estimated sale value climb by £384 (0.2%) and its estimated rental value rise by £31 per month (4.0%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 1, 274, Station Road, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2010.
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 Flat 1, 274, Station Road, Preston completed on 5th April 2007 at £122,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 3.3% over the period since April 2007.
- Sold Apr 2007£122,500
- Sold Jun 2005£200,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 540 metres of Flat 1, 274, Station Road, Preston, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2009, was Flat 2, 274, Station Road, Preston, PR5 6EB, a leasehold flat which sold for £83,000.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 306 addresses on Station Road, Bamber Bridge, Preston, PR5, Flat 1, 274, Station Road, Preston comes out as the 101st largest and the 41st most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the PR5 district.
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Schools Nearby
- 0mCuerden Church School, Bamber Bridge
- 700mSt Mary's and St Benedict's Roman Catholic Primary School
- 800mBamber Bridge St Aidan's Church of England Primary School
- 800mBrownedge St Mary's Catholic High School
- 1.3kmWalton-Le-Dale High School
- 1.5kmLostock Hall Academy
More reading links
Public Transport Nearby
From Flat 1, 274, Station Road, Preston, the nearest station is Bamber Bridge, 200 metres away.
- 200mBamber Bridge
- 1.7kmLostock Hall
- 3.4kmLeyland
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.
