40, Redwood Drive
40, Redwood Drive
Description & Estimates
According to the public record, 40, Redwood Drive, Preston is a modern freehold house with 1,313 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Redwood Drive, Preston is £331,476 and the estimated rental value is £1,284 per month.
Redwood Drive, Cottam, Preston, PR4 is located in the borough of Preston within the PR4 postal district.
Our Data Sources
40, Redwood Drive, Preston has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Redwood Drive, Preston is in very good condition we estimate a sale value of £348,050 and a rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,273 and a rental value of £1,194 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Redwood Drive, Preston has fallen by £1,992 (0.6%), while its estimated rental value has moved up by £25 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
40, Redwood Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jun 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
According to HM Land Registry, 40, Redwood Drive, Preston was last sold on 16th October 2020 for £288,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen by 23.3%.
- Sold Oct 2020£288,750
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Redwood Drive, Preston within a radius of 740 metres over the last 2 years.
The most recent example is 5, Honeysuckle Close, Preston, PR4 0EY, a freehold house which sold for £332,000 on the 28th March 2025.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Redwood Drive, Cottam, Preston, PR4 has a total of 75 addresses. According to our analysis of all the public data, 40, Redwood Drive, Preston is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in PR4.
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Schools Nearby
- 600mCottam Primary School
- 700mLea Neeld's Endowed Church of England Primary School
- 1.5kmHoly Family Catholic Primary School, Ingol, Preston
- 2.1kmAshton Community Science College
- 2.8kmOur Lady's Catholic High School
- 3.2kmFulwood Academy
More reading links
Public Transport Nearby
The closest station to 40, Redwood Drive, Preston is Salwick station, which is 3.5 kilometres away.
- 3.5kmSalwick
- 5.1kmPreston (Lancs)
- 7.5kmKirkham & Wesham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
