48, Redwood Drive
48, Redwood Drive
Description & Estimates
According to the public record, 48, Redwood Drive, Preston is a modern freehold house with 2,152 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Redwood Drive, Preston is £434,136 and the estimated rental value is £1,604 per month.
Redwood Drive, Cottam, Preston, PR4 is located in the borough of Preston within the PR4 postal district.
Our Data Sources
48, Redwood Drive, Preston has a single entry in the Land Registry from January 2021 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 48, Redwood Drive, Preston is in very good condition we estimate a sale value of £455,843 and a rental value of £1,684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,746 and a rental value of £1,492 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 48, Redwood Drive, Preston has fallen by £3,721 (0.9%), while its estimated rental value has moved up by £25 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Energy Efficiency
48, Redwood Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 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, 48, Redwood Drive, Preston was last sold on 29th January 2021 for £444,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has risen by 28.3%.
- Sold Jan 2021£444,750
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Redwood Drive, Preston within a radius of 740 metres over the last 2 years.
The most recent example is 50, Redwood Drive, Preston, PR4 0EX, a freehold house which sold for £474,750 on the 20th December 2022.
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, 48, Redwood Drive, Preston is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £147k 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 48, 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.
