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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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According to the public record, Flat 3, 12, Spring Bank, Preston is a period 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 3, 12, Spring Bank, Preston is £62,203 and the estimated rental value is £448 per month.
The apartment is within 12, Spring Bank, Preston, PR1.
Spring Bank, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Flat 3, 12, Spring Bank, 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 1 out of 5 and is considered of low 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 3, 12, Spring Bank, Preston is in very good condition we estimate a sale value of £65,313 and a rental value of £470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,849 and a rental value of £416 per month.
Over the last 12 months the sale value of Flat 3 12 Spring Bank Preston has increased by an estimated £783 (1.3%) and its rental value has increased by an estimated £17 per month (3.8%), giving an expected gross yield of 8.6%.
Flat 3, 12, Spring Bank, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, 12, Spring Bank, Preston within a radius of 530 metres over the last 2 years.
The most recent example is 4 Victoria Buildings, Fishergate, Preston, PR1 2NJ, a leasehold flat which sold for £12,000 on the 13th November 2024.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Bank, Preston, PR1 has a total of 28 addresses. According to our analysis of all the public data, Flat 3, 12, Spring Bank, Preston is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in PR1.
The closest station to Flat 3, 12, Spring Bank, Preston is Preston (Lancs) station which is 200 metres away.
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.
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 3, 12, Spring Bank, Preston, 73.0% of property is privately rented and 14.6% is privately owned outright.
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 3, 12, Spring Bank, Preston, 27.3% of residents are recorded as possessing school level qualifications and 47.5% 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 3, 12, Spring Bank, 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 3, 12, Spring Bank, 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 3, 12, Spring Bank, Preston, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
