4, Cedar Wood Close
4, Cedar Wood Close
Description & Estimates
Public records show 4, Cedar Wood Close, Preston to be a modern leasehold house with 850 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Cedar Wood Close, Preston has an estimated sale value of £239,457 and an estimated rental value of £1,029 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
4, Cedar Wood Close, Preston has 2 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated November 2020.
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 4, Cedar Wood Close, Preston would be worth £251,430, with a potential rental value of £1,080 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £222,695, with a rental value of £957 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 4, Cedar Wood Close, Preston has moved down by £94 (0.0%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.4%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
4, Cedar Wood Close, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Cedar Wood Close, Preston last changed hands on 10th March 2023, selling for £245,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 1.1% since March 2023.
- Sold Mar 2023£245,000
- Sold Nov 2020£189,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 4, Cedar Wood Close, Preston across the last 2 years.
Most recently, 7, Cedar Wood Close, Preston, PR3 1ZW, a leasehold house, sold at £87,500 on the 31st March 2022.
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 4, Cedar Wood Close, Preston as the 7th largest and the 12th most expensive of the 16 addresses on Cedar Wood Close, Bowgreave, Preston, PR3.
Against the PR3 postcode district average, it is £74k less 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 4, 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.
