5, Redwood Drive
5, Redwood Drive
Description & Estimates
5, Redwood Drive, Preston is recorded publicly as a modern freehold house across 1,151 ft2 of internal area, sitting on a 275 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Redwood Drive, Preston is £300,969 and its rental estimate is £1,190 per month, given the available information and assuming reasonable condition.
Redwood Drive, Cottam, Preston, PR4 falls within the PR4 postal district, in the borough of Preston.
Our Data Sources
5, Redwood Drive, Preston has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2018.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Redwood Drive, Preston, we estimate a market value of £316,017 and a rental value of £1,250 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £279,901 and £1,107 per month respectively.
Recent Market Change
Over the last year, 5, Redwood Drive, Preston has seen its estimated sale value increase by £1,391 (0.5%) and its estimated rental value grow by £40 per month (3.4%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 5, Redwood Drive, Preston as measuring 275 m2.
That makes it the 4th largest plot in the postcode, where 5 of the 75 other houses have recorded plot data.
Energy Efficiency
5, Redwood Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Redwood Drive, Preston completed on 3rd December 2021 at £272,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 7.2% over the period since December 2021.
- Sold Dec 2021£272,000
- Sold Jan 2018£275,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Redwood Drive, Preston have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th March 2026, was 9, Redwood Drive, Preston, PR4 0EX, a freehold house which sold for £305,000.
Read more about house prices in PR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 75 addresses on Redwood Drive, Cottam, Preston, PR4, 5, Redwood Drive, Preston comes out as the 38th largest and the 46th most expensive in our analysis of the public data.
It is also £14k more expensive than the average property across the PR4 district.
More reading links
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
From 5, Redwood Drive, Preston, the nearest station is Salwick, 3.5 kilometres away.
- 3.5kmSalwick
- 5.1kmPreston (Lancs)
- 7.5kmKirkham & Wesham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
