Flat 166, The Exchange
Flat 166, The Exchange
Description & Estimates
According to the public record, Flat 166, The Exchange, Preston is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 166, The Exchange, Preston is £197,024 and the estimated rental value is £996 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.
Our Data Sources
Flat 166, The Exchange, Preston has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated August 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.
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 166, The Exchange, Preston is in very good condition we estimate a sale value of £206,875 and a rental value of £1,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,232 and a rental value of £927 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 166, The Exchange, Preston has declined by £1,670 (0.8%), while its estimated rental value has climbed by £25 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
Flat 166, The Exchange, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 166, The Exchange, Preston was last sold on 23rd October 2023 for £225,863 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped by 5.4%.
- Sold Oct 2023£225,863
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 166, The Exchange, Preston within a radius of 460 metres over the last 2 years.
The most recent example is Flat 12, The Exchange, Percy Street, Preston, PR1 1AW, a leasehold flat which sold for £219,536 on the 4th December 2023.
Read more about house prices in PR1.
- Sold Dec 2023£219,536 | 2 Bed FlatThe Exchange, Percy StreetFlat 12, The Exchange, Percy Street, Preston, PR1 1AW
- Sold Nov 2023£225,670 | 2 Bed FlatThe Exchange, Percy StreetFlat 107, The Exchange, Percy Street, Preston, PR1 1AX
- Sold Nov 2023£225,355 | 2 Bed FlatThe Exchange, Percy StreetFlat 124, The Exchange, Percy Street, Preston, PR1 1AX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Percy Street, Preston, PR1 has a total of 216 addresses. According to our analysis of all the public data, Flat 166, The Exchange, Preston is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in PR1.
More reading links
Schools Nearby
- 400mSt Ignatius' Catholic Primary School, Preston
- 600mSt Augustine's Catholic Primary School, Preston
- 800mFrenchwood Community Primary School
- 600mEden Boys' School, Preston
- 800mPreston Muslim Girls High School
- 1.1kmMoor Park High School and Sixth Form
More reading links
Public Transport Nearby
The closest station to Flat 166, The Exchange, Preston is Preston (Lancs) station, which is 1.1 kilometres away.
- 1.1kmPreston (Lancs)
- 4.1kmLostock Hall
- 4.4kmBamber Bridge
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
