According to the public record, 95, Longacre, Preston is a mid-century leasehold apartment and with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Longacre, Bamber Bridge, Preston, PR5 is located in the borough of Chorley within the PR5 postal district.
95, Longacre, Preston has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 95 Longacre Preston as £73,205 and the rental value as £574 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 95 Longacre Preston has decreased by £401 (0.5%) and its rental value has increased by £10 per month (1.8%).
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 95, Longacre, Preston is in very good condition we estimate a sale value of £76,865 and rental value of £602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,081 and a rental value of £534 per month.
If you were able to purchase this property for the estimated value of £73,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £360 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 95, Longacre, Preston was last sold on 22 Jul 2022 for £74,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 95, Longacre, Preston within a radius of 404m over the last 2 years.
The most recent example is 8, School Field, Preston, PR5 8BJ, a Leasehold flat which sold for £76,000 in Dec 2022.
Read more about house prices in PR5.
Longacre, Bamber Bridge, Preston, PR5 has a total of 153 addresses. According to our analysis of all the public data, 95, Longacre, Preston is the 129th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in PR5.
95, Longacre, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 95, Longacre, Preston is Bamber Bridge station which is 2.3 km 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 95, Longacre, Preston, 66.1% of property is socially rented and 17.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 95, Longacre, Preston, 26.2% of residents are recorded as possessing school level qualifications and 20.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 95, Longacre, Preston, the average age was 41.2 and the most common age was 62.
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 95, Longacre, 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 95, Longacre, Preston, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.