6, Redwood Drive
6, Redwood Drive
Description & Estimates
Public records show 6, Redwood Drive, Preston to be a modern freehold house with 1,528 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
6, Redwood Drive, Preston has an estimated sale value of £358,177 and an estimated rental value of £1,315 per month, assuming reasonable condition and based on the information available.
Redwood Drive, Cottam, Preston, PR4 lies in the borough of Preston, within the PR4 postal district.
Our Data Sources
6, Redwood Drive, Preston has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated December 2019.
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
In very good condition, we estimate 6, Redwood Drive, Preston would be worth £376,086, with a potential rental value of £1,381 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £333,105, with a rental value of £1,223 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 6, Redwood Drive, Preston has declined by £2,152 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £26 (2.0%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
6, Redwood Drive, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
6, Redwood Drive, Preston last changed hands on 17th January 2020, selling for £324,750. 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 29.3% since January 2020.
- Sold Jan 2020£324,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of 6, Redwood Drive, Preston across the last 2 years.
Most recently, 87, Redwood Drive, Preston, PR4 0EX, a freehold house, sold at £352,750 on the 29th April 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
Our analysis of the public data ranks 6, Redwood Drive, Preston as the 9th largest and the 13th most expensive of the 75 addresses on Redwood Drive, Cottam, Preston, PR4.
Against the PR4 postcode district average, it is £71k more expensive than the typical property.
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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
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Public Transport Nearby
Salwick station is the nearest stop to 6, Redwood Drive, Preston at 3.5 kilometres away.
- 3.5kmSalwick
- 5.1kmPreston (Lancs)
- 7.5kmKirkham & Wesham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
