Property data
Sale history
Date Paid price Annual growth After inflation
Nov 2014 £157,500 * 29.2% 26.9%
Dec 2011 £75,000 na na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
60 square metres (646 square feet) according to latest EPC inspection
Price per internal area

This property sold for £2,625 per square metre (£244 per square foot) in Nov 2014. Indexed forward to today's value, this is roughly £3,395 per square metre (£315 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Nov 2014 £157,500 £2,625 £203,729 £3,395
Dec 2011 £75,000 £1,250 £79,971 £1,333

Calculated using the latest EPC internal area of 60 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £203,729. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Preston are now selling for between £1,450 and £1,910 per square metre (£134 and £177 per square foot). Based on an internal area of 60 m², this implies a valuation between £87,000 and £115,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Flat
Council tax band
A
Company ownership
Title number
LAN126724
Tenure
Leasehold/other
Title address
22 Light Buildings, Lumen Court, Preston
Owner
RAVELLO INVESTMENTS LIMITED (Company reference number: 09023303)
Proprietor address: 6-14 Great Ancoats Street, Manchester M4 5AZ
Price paid on title: £157,500
Ownership record added to Land Registry's corporate ownership dataset 02 Mar 2015
EPC Inspections
Summary:
14 May 2019 - energy performance certificate grade C
Reason for EPC:
Rental
Tenure:
Private rental
Property type:
1st floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2007 to 2011
Area:
60 sqm (646 square foot) total internal area
Comments:
Walls: System built, as built, insulated (assumed). Roof: (another dwelling above). Heating: Room heaters, electric.