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Property details for 40 Elgin Street, Preston PR1 6BH

Historic details available for this property Terraced house, Freehold, 3 Beds, 1 Bath, 2 Receps - Edit
Zoopla Estimate: £81,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £81,000
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  • Value change
    2,550 (3.2%) 1,900 (2.4%) 2,550 (3.3%) 3,700 (4.8%) 7,800 (10.6%) 7,050 (9.5%) 6,550 (8.7%)  
    from 
  • Rental value
    £500 pcm
  • Confidence level
    88
  • Value range
    £78,000 - £85,000
  • Rental range
    £450 - £500 pcm

Monthly running costs Beta

£432 Monthly total
Remortgage
Property value
Loan amount (60%) 48,600
Repayment term 25
Interest rate 0.5
Your payment £172 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £162,000 Average insurance cost £13/mo (£156/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £44 Electricity £48 Estimated energy cost £92/mo (£1,109/yr)

Reduce your energy costs by up to £194/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11900 kWh/year
Electricity: 3600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Preston

Estimated tax band A Council tax cost £110 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £23 Sewerage £22 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Terraced house | Tenure: Freehold | Last sale: £73,000 | Sale date: 10th Jan 2012 - Previous sales
Property type: Terraced house | Tenure: Freehold | Previous sale: £38,000 | Sale date: 20th Aug 1999

This 3 bed freehold terraced house is located at 40 Elgin Street, Preston PR1 6BH and has an estimated current value of £81,000. Elgin Street, PR1 has 45 houses and flats on it with a current average value of £82,496, compared to an average property value of £132,093 for PR1. There have been 5 property sales on Elgin Street over the last 5 years with an average sold house price of £68,100 and this terraced house was last sold on 10th Jan 2012 for £73,000. There are currently 513 properties for sale in PR1 with an average asking price of £139,317 and 493 houses and flats to rent in PR1 with an average asking rent of £220 pw.

Property history

Property history Elgin Street, Preston PR1

Previously listed for sale on 26th Aug 2011 for £79,950

3 bed property

Property history of 40 Elgin Street, Preston PR1 6BH

A three bedroom, two reception room terrace being offered for sale with no chain delay. The property was currently used as a student let so would be an ideal investment opportunity. The property does benefit from double glazing and gas central ...

See details for 40 Elgin Street, Preston PR1 6BH when it was last marketed:

Owner info

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Market activity
Average price paid £133,599 Sales 644 Current average value £132,093 (Zoopla Zed-Index) Value change £6,656 ▲ 5.31%

What is the current average value of properties in PR1?

The current average value in PR1 in December 2016 is £132,093. This has increased 3.27% from September 2016. Terraced properties sold for a current average value of £94,613 and semi-detached properties valued £156,942. In the past year property prices in PR1 have increased 5.31%. This is according to the current Zoopla estimates.

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £246,774 £188 3.6 £236,193
Semi-detached £156,942 £172 3.0 £153,601
Terraced £94,613 £126 2.8 £92,062
Flats £101,431 £164 1.9 £72,626

Current asking prices in PR1

Average: £130,867
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £81,238
(4)
£89,039
(130)
£123,620
(192)
£217,797
(50)
£245,369
(13)
Flats £79,004
(26)
£94,436
(46)
£152,500
(2)
£227,500
(2)
-
All £79,302
(30)
£90,450
(176)
£123,918
(194)
£218,170
(52)
£245,369
(13)

Current asking rents in PR1

Average: £794 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £367 pcm
(29)
£505 pcm
(57)
£629 pcm
(74)
£1,374 pcm
(37)
£1,414 pcm
(23)
Flats £436 pcm
(99)
£632 pcm
(49)
£1,077 pcm
(19)
£1,411 pcm
(5)
£1,994 pcm
(6)
All £421 pcm
(128)
£563 pcm
(106)
£721 pcm
(93)
£1,378 pcm
(42)
£1,534 pcm
(29)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £514,015
Hollinhurst Avenue £455,936
Castle Walk £422,277
Round Wood £382,259
Stricklands Lane £331,703
Highest turnover in PR1
Highest turnover streets Turnover
Crownlee 59.5%
The Spinney 54.5%
Condor Way 50.0%
Foster Croft 50.0%
Prospect Place 50.0%

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Local info for Preston

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