40 Grimshaw Place, Preston, PR1 3BW is a leasehold flat built between 2007-2011. The property offers approximately 657 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £121,841 , which equates to approximately £186 per square foot. It was last sold on 3 Aug 2007 for £123,587. Since then, the value has decreased by £1,746, representing a 1.4% decrease, or approximately 0.1% per year.

The current estimated value of £121,841 is:

  • 9.6% higher than the average property price on Grimshaw Place
  • 18.3% higher than the average in the PR1 3BW postcode area
  • and 33.7% lower than the average price for Preston as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 February 2025, the property was recorded as owner-occupied.

View sold house prices in PR1 3BW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£121,841
Price Per sq ft (estimate)
£186
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Grimshaw Place, Preston, Lancashire, PR1 3BW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Feb 2025.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Oct 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 12.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The roof construction or insulation changed from pitched, insulated (assumed) to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PR1 3BW

29 th / 42
Price Rank
18% higher than average
22 nd / 42
Size Rank
1% bigger than average
31 st / 42
Price Per Sq FT Rank
17% higher than average

Compared to other properties in PR1 3BW , this flat's estimated value ranks 29th out of 42. Based on price per square foot, it ranks 31th out of 42 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 22th out of 42 properties in its postcode area.

Sale History

Today
£121,841
streetscan.co.uk estimate
-1 %
3 Aug 2007
£123,587
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £80,000
sale date: 17 Apr 2025
rooms: 3
size: 667 sq ft
sale price: £77,000
sale date: 11 Oct 2024
rooms: 3
size: 710 sq ft
sale price: £75,000
sale date: 8 Oct 2024
rooms: 3
size: 646 sq ft
sale price: £74,695
sale date: 31 Jul 2024
rooms: 3
size: 710 sq ft
sale price: £82,000
sale date: 6 Mar 2024

Data Sources

The property at 40 Grimshaw Place, Preston, Lancashire, PR1 3BW appears once in the Land Registry records, with the transaction recorded on 3 Aug 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 2025. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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