Flat 408, Charles House 8
Flat 408, Charles House 8
Description & Estimates
Public records show Flat 408, Charles House 8, Preston to be a modern leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 408, Charles House 8, Preston has an estimated sale value of £147,352 and an estimated rental value of £778 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 408, Charles House 8, Preston has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2024.
We combine this information with that 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
In very good condition, we estimate Flat 408, Charles House 8, Preston would be worth £154,720, with a potential rental value of £817 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £137,038, with a rental value of £723 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 408, Charles House 8, Preston has dropped by £761 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (2.9%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 408, Charles House 8, Preston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
Flat 408, Charles House 8, Preston last changed hands on 24th November 2022, selling for £145,000. 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 31.6% since November 2022.
- Sold Nov 2022£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 408, Charles House 8, Preston across the last 2 years.
Most recently, Flat 28, 58-60, Guildhall Street, Preston, PR1 3AP, a leasehold flat, sold at £145,000 on the 18th December 2024.
Read more about house prices in PR1.
- Sold Dec 2024£145,000 | 1 Bed FlatFlat 28, 58-60, Guildhall Street, Preston, PR1 3APFlat 28, 58-60, Guildhall Street, Preston, PR1 3AP
- Sold Apr 2024£145,000 | 1 Bed FlatFlat 20, 58-60, Guildhall Street, Preston, PR1 3APFlat 20, 58-60, Guildhall Street, Preston, PR1 3AP
- Sold Feb 2024£140,000 | 1 Bed FlatFlat 12, 58-60, Guildhall Street, Preston, PR1 3APFlat 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
Our analysis of the public data ranks Flat 408, Charles House 8, Preston as the 136th largest and the 92nd most expensive of the 169 addresses on Winckley Square, Preston, PR1.
Against the PR1 postcode district average, it is £17k less 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 408, 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.
