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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 8, 205B, Lancaster Road North, Preston as a mid-century apartment with 139 ft2 of internal area.
In this area, apartments of this size are normally studios.
Flat 8, 205B, Lancaster Road North, Preston has an estimated sale value of £32,205 and an estimated rental value of £275 per month, assuming reasonable condition and based on the information available.
The apartment sits within 205B, Lancaster Road North, Preston, PR1.
Lancaster Road North, Preston, PR1 lies in the borough of Preston, within the PR1 postal district.
Flat 8, 205B, Lancaster Road North, Preston has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 8, 205B, Lancaster Road North, Preston would be worth £33,815, with a potential rental value of £289 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £29,950, with a rental value of £256 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 8, 205B, Lancaster Road North, Preston has decreased by £164 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £7 (2.7%). The property's estimated gross yield is currently 10.3%.
Flat 8, 205B, Lancaster Road North, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 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 3 sales within 400 metres of Flat 8, 205B, Lancaster Road North, Preston across the last 2 years.
Most recently, 2B, Beckett Court, Preston, PR1 1YD, a leasehold flat, sold at £45,000 on the 24th January 2019.
Read more about house prices in PR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 8, 205B, Lancaster Road North, Preston as the 79th largest and the 79th most expensive of the 85 addresses on Lancaster Road North, Preston, PR1.
Against the PR1 postcode district average, it is £132k less expensive than the typical property.
Preston (Lancs) station is the nearest stop to Flat 8, 205B, Lancaster Road North, Preston at 900 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast 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 8, 205B, Lancaster Road North, Preston, 68.8% of property is privately rented and 23.7% is socially 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 8, 205B, Lancaster Road North, Preston, 49.5% of residents are recorded as possessing school level qualifications and 51.0% 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 8, 205B, Lancaster Road North, 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 8, 205B, Lancaster Road North, 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 8, 205B, Lancaster Road North, Preston, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
