Flat 503, Charles House 8
Flat 503, Charles House 8
Description & Estimates
According to the public record, Flat 503, Charles House 8, Preston is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 661 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 503, Charles House 8, Preston is £184,482 and the estimated rental value is £952 per month.
The apartment is within Charles House, Winckley Square, Preston, PR1.
Winckley Square, Preston, PR1 is located in the borough of Preston within the PR1 postal district.
Our Data Sources
Flat 503, Charles House 8, Preston has a single entry in the Land Registry from July 2023 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 503, Charles House 8, Preston is in very good condition we estimate a sale value of £193,706 and a rental value of £1,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,568 and a rental value of £886 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 503, Charles House 8, Preston has declined by £1,564 (0.8%), while its estimated rental value has climbed by £24 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Sold Prices
According to HM Land Registry, Flat 503, Charles House 8, Preston was last sold on 14th July 2023 for £162,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped by 26.0%.
- Sold Jul 2023£162,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 503, Charles House 8, Preston within a radius of 420 metres over the last 2 years.
The most recent example is Flat 310, Charles House 8, Winckley Square, Preston, PR1 3AW, a leasehold flat which sold for £157,750 on the 19th August 2022.
Read more about house prices in PR1.
- Sold Aug 2022£157,750 | 2 Bed FlatCharles House 8, Winckley SquareFlat 310, Charles House 8, Winckley Square, Preston, PR1 3AW
- Sold Aug 2022£155,000 | 2 Bed FlatCharles House 8, Winckley SquareFlat 110, Charles House 8, Winckley Square, Preston, PR1 3AW
- Sold Jul 2022£160,000 | 2 Bed FlatCharles House 8, Winckley SquareFlat 202, 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
Winckley Square, Preston, PR1 has a total of 169 addresses. According to our analysis of all the public data, Flat 503, Charles House 8, Preston is the 51st largest and the 46th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in PR1.
More reading links
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
The closest station to Flat 503, Charles House 8, Preston is Preston (Lancs) station, which is 500 metres away.
- 500mPreston (Lancs)
- 3.8kmLostock Hall
- 4.2kmBamber Bridge
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
