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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes Flat 10, 2, School Lane, Preston as a modern apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 10, 2, School Lane, Preston has an estimated sale value of £80,154 and an estimated rental value of £544 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, School Lane, Bamber Bridge, Preston, PR5.
School Lane, Bamber Bridge, Preston, PR5 lies in the borough of South Ribble, within the PR5 postal district.
Flat 10, 2, School Lane, Preston has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
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.
In very good condition, we estimate Flat 10, 2, School Lane, Preston would be worth £84,161, with a potential rental value of £572 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £74,543, with a rental value of £506 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 10, 2, School Lane, Preston has dropped by £508 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £17 (3.1%). The property's estimated gross yield is currently 8.1%.
Flat 10, 2, School Lane, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 530 metres of Flat 10, 2, School Lane, Preston across the last 2 years.
Most recently, 12, Sollams Close, Preston, PR5 6RT, a leasehold flat, sold at £75,000 on the 11th June 2019.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 10, 2, School Lane, Preston as the 51st largest and the 51st most expensive of the 67 addresses on School Lane, Bamber Bridge, Preston, PR5.
Against the PR5 postcode district average, it is £129k less expensive than the typical property.
Bamber Bridge station is the nearest stop to Flat 10, 2, School Lane, Preston at 1.0 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 10, 2, School Lane, Preston, 45.4% of property is privately owned with a mortgage and 20.2% 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 Flat 10, 2, School Lane, Preston, 22.7% of residents are recorded as possessing school level qualifications and 29.8% 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 Flat 10, 2, School Lane, Preston, the average age was 39.5 and the most common age was 32.
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 Flat 10, 2, School Lane, Preston, 0.2% 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 Flat 10, 2, School Lane, Preston, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
