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According to the public record, Flat 159, The Exchange, Preston is a modern leasehold apartment with 430 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 Flat 159, The Exchange, Preston is £144,886 and the estimated rental value is £769 per month.
The apartment is within The Exchange, Percy Street, Preston, PR1.
Percy Street, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Flat 159, The Exchange, Preston has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 159, The Exchange, Preston is in very good condition we estimate a sale value of £152,130 and a rental value of £807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,744 and a rental value of £715 per month.
Over the last 12 months the sale value of Flat 159 The Exchange Preston has decreased by an estimated £748 (0.5%) and its rental value has increased by an estimated £22 per month (2.9%), giving an expected gross yield of 6.4%.
Flat 159, The Exchange, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 2023.
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, Flat 159, The Exchange, Preston was last sold on 20th December 2023 for £137,532 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has dropped 49.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 159, The Exchange, Preston within a radius of 460 metres over the last 2 years.
The most recent example is Flat 130, The Exchange, Percy Street, Preston, PR1 1AX, a leasehold flat which sold for £123,000 on the 31st July 2025.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Percy Street, Preston, PR1 has a total of 216 addresses. According to our analysis of all the public data, Flat 159, The Exchange, Preston is the 151st largest and the 155th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in PR1.
The closest station to Flat 159, The Exchange, Preston is Preston (Lancs) station which is 1.1 kilometres 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 Flat 159, The Exchange, Preston, 63.1% of property is socially rented and 36.0% 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 Flat 159, The Exchange, Preston, 19.1% of residents are recorded as possessing school level qualifications and 32.5% 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 Flat 159, The Exchange, 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 Flat 159, The Exchange, 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 Flat 159, The Exchange, Preston, there are an average of 0.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.