Flat 406, Charles House 8
Flat 406, Charles House 8
Description & Estimates
Flat 406, Charles House 8, Preston is described in the public record as a modern apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 406, Charles House 8, Preston is £152,790 and its rental estimate is £800 per month, given the available information and assuming reasonable condition.
Charles House, Winckley Square is a residential building on Winckley Square, Preston, PR1 and falls within the PR1 postal district and the borough of Preston.
Our Data Sources
Flat 406, Charles House 8, Preston has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 406, Charles House 8, Preston, we estimate a market value of £160,430 and a rental value of £840 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,095 and £744 per month respectively.
Recent Market Change
Over the last year, Flat 406, Charles House 8, Preston has seen its estimated sale value decrease by £789 (0.5%) and its estimated rental value grow by £23 per month (2.9%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 406, Charles House 8, Preston has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 406, Charles House 8, Preston have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was Flat 28, 58-60, Guildhall Street, Preston, PR1 3AP, a leasehold flat which sold for £145,000.
Read more about house prices in PR1.
- Sold Dec 2024£145,000 | 1 Bed Flat58-60, Guildhall StreetFlat 28, 58-60, Guildhall Street, Preston, PR1 3AP
- Sold Apr 2024£145,000 | 1 Bed Flat58-60, Guildhall StreetFlat 20, 58-60, Guildhall Street, Preston, PR1 3AP
- Sold Feb 2024£140,000 | 1 Bed Flat58-60, Guildhall StreetFlat 12, 58-60, Guildhall Street, Preston, PR1 3AP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 169 addresses on Winckley Square, Preston, PR1, Flat 406, Charles House 8, Preston comes out as the 133rd largest and the 90th most expensive in our analysis of the public data.
It is also £11k less expensive than the average property across the PR1 district.
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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
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Public Transport Nearby
From Flat 406, Charles House 8, Preston, the nearest station is Preston (Lancs), 500 metres away.
- 500mPreston (Lancs)
- 3.8kmLostock Hall
- 4.2kmBamber Bridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
