Flat 111, Charles House 8
Flat 111, Charles House 8
Description & Estimates
The public record lists Flat 111, Charles House 8, Preston as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 680 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 111, Charles House 8, Preston has an estimated sale value of £186,920 and an estimated rental value of £960 per month, assuming reasonable condition and based on the information available.
The apartment sits within Charles House, Winckley Square, Preston, PR1.
Winckley Square, Preston, PR1 lies in the borough of Preston, within the PR1 postal district.
Our Data Sources
Flat 111, Charles House 8, Preston has a single entry in the Land Registry from August 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 111, Charles House 8, Preston would be worth £196,266, with a potential rental value of £1,008 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £173,835, with a rental value of £893 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 111, Charles House 8, Preston has fallen by £1,585 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (2.5%). The property's estimated gross yield is currently 6.2%.
Sold Prices
Flat 111, Charles House 8, Preston last changed hands on 9th August 2022, selling for £170,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 26.0% since August 2022.
- Sold Aug 2022£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 111, Charles House 8, Preston across the last 2 years.
Most recently, Flat 503, Charles House 8, Winckley Square, Preston, PR1 3AW, a leasehold flat, sold at £162,000 on the 14th July 2023.
Read more about house prices in PR1.
- Sold Jul 2023£162,000 | 2 Bed FlatCharles House 8, Winckley SquareFlat 503, Charles House 8, Winckley Square, Preston, PR1 3AW
- Sold Aug 2022£167,000 | 2 Bed FlatCharles House 8, Winckley SquareFlat 210, Charles House 8, Winckley Square, Preston, PR1 3AW
- Sold Aug 2022£172,000 | 2 Bed FlatCharles House 8, Winckley SquareFlat 102, Charles House 8, Winckley Square, Preston, PR1 3AW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 111, Charles House 8, Preston as the 47th largest and the 38th most expensive of the 169 addresses on Winckley Square, Preston, PR1.
Against the PR1 postcode district average, it is £23k more expensive than the typical property.
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Schools Nearby
- 600mSt Augustine's Catholic Primary School, Preston
- 800mFrenchwood Community Primary School
- 800mSt Stephen's CofE School
- 1.1kmChrist The King Catholic High School
- 1.1kmEden Boys' School, Preston
- 1.5kmPreston Muslim Girls High School
More reading links
Public Transport Nearby
Preston (Lancs) station is the nearest stop to Flat 111, Charles House 8, Preston at 500 metres away.
- 500mPreston (Lancs)
- 3.8kmLostock Hall
- 4.2kmBamber Bridge
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
