16, Cedar Wood Close
16, Cedar Wood Close
Description & Estimates
Public records show 16, Cedar Wood Close, Preston to be a modern freehold house with 1,216 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Cedar Wood Close, Preston has an estimated sale value of £355,454 and an estimated rental value of £1,351 per month, assuming reasonable condition and based on the information available.
Cedar Wood Close, Bowgreave, Preston, PR3 lies in the borough of Wyre, within the PR3 postal district.
Our Data Sources
16, Cedar Wood Close, Preston has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Cedar Wood Close, Preston would be worth £373,227, with a potential rental value of £1,419 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £330,572, with a rental value of £1,257 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 16, Cedar Wood Close, Preston has dropped by £1,486 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £42 (3.1%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
16, Cedar Wood Close, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Cedar Wood Close, Preston last changed hands on 15th November 2021, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 4.7% since November 2021.
- Sold Nov 2021£275,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 16, Cedar Wood Close, Preston across the last 2 years.
Most recently, 17, Cedar Wood Close, Preston, PR3 1ZW, a freehold house, sold at £375,000 on the 31st January 2025.
Read more about house prices in PR3.
•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 16, Cedar Wood Close, Preston as the 4th largest and the 3rd most expensive of the 16 addresses on Cedar Wood Close, Bowgreave, Preston, PR3.
Against the PR3 postcode district average, it is £42k more expensive than the typical property.
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Schools Nearby
- 1.1kmSt Mary and St Michael's Catholic Primary School, Garstang
- 1.4kmGarstang St Thomas' Church of England Primary School
- 1.4kmKirkland and Catterall St Helen's Church of England Voluntary Aided Primary School
- 300mGarstang Community Academy
- 9.4kmBroughton High School
- 11.7kmFulwood Academy
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Public Transport Nearby
Salwick station is the nearest stop to 16, Cedar Wood Close, Preston at 12.3 kilometres away.
- 12.3kmSalwick
- 13.4kmKirkham & Wesham
- 15.1kmPreston (Lancs)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
