Flat 8, Medlar Gate
Flat 8, Medlar Gate
Description & Estimates
Public records show Flat 8, Medlar Gate, Preston to be a mid-century leasehold apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 8, Medlar Gate, Preston has an estimated sale value of £97,708 and an estimated rental value of £509 per month, assuming reasonable condition and based on the information available.
The apartment sits within Medlar Gate, Derby Road, Wesham, Preston, PR4.
Derby Road, Wesham, Preston, PR4 lies in the borough of Fylde, within the PR4 postal district.
Our Data Sources
Flat 8, Medlar Gate, Preston has 3 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 8, Medlar Gate, Preston would be worth £102,593, with a potential rental value of £534 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £90,868, with a rental value of £473 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 8, Medlar Gate, Preston has increased by £91 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £14 (2.8%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
Flat 8, Medlar Gate, Preston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 8, Medlar Gate, Preston last changed hands on 22nd September 2021, selling for £90,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 13.4% since September 2021.
- Sold Sep 2021£90,500
- Sold Feb 2017£95,000
- Sold Jul 2010£99,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 8, Medlar Gate, Preston across the last 2 years.
Most recently, Flat 5, Medlar Gate, Derby Road, Preston, PR4 3AJ, a leasehold flat, sold at £82,000 on the 20th July 2022.
Read more about house prices in PR4.
- Sold Jul 2022£82,000 | 2 Bed FlatMedlar Gate, Derby RoadFlat 5, Medlar Gate, Derby Road, Preston, PR4 3AJ
- Sold Oct 2021£77,750 | 2 Bed FlatMedlar Gate, Derby RoadFlat 6, Medlar Gate, Derby Road, Preston, PR4 3AJ
- Sold Oct 2018£75,000 | 2 Bed FlatMedlar Gate, Derby RoadFlat 7, Medlar Gate, Derby Road, Preston, PR4 3AJ
•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 8, Medlar Gate, Preston as the 18th largest and the 31st most expensive of the 36 addresses on Derby Road, Wesham, Preston, PR4.
Against the PR4 postcode district average, it is £189k less expensive than the typical property.
More reading links
Schools Nearby
- 300mMedlar-with-Wesham Church of England Primary School
- 500mKirkham and Wesham Primary School
- 500mSt Joseph's Catholic Primary School, Medlar-with-Wesham
- 1.4kmCarr Hill High School
- 6.9kmSt Bede's Catholic High School, Lytham
- 8.8kmSt George's School A Church of England Academy
More reading links
Public Transport Nearby
Kirkham & Wesham station is the nearest stop to Flat 8, Medlar Gate, Preston at 100 metres away.
- 100mKirkham & Wesham
- 4.2kmSalwick
- 4.8kmMoss Side
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
