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The Orchard Monks Close is a residential building situated on Monks Close, Penrith, CA11 with 12 addresses.
It ranks as the 394th largest and 212th most expensive of the 411 buildings in the CA11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 12 properties: 12 flats.
The Orchard Monks Close is a residential building situated on Monks Close, Penrith, CA11 with 12 addresses.
It ranks as the 394th largest and 212th most expensive of the 411 buildings in the CA11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 12 properties: 12 flats.
Sale prices range from £161,510 for 2 bedroom leasehold flats (753 ft2) to £169,984 for 3 bedroom leasehold flats (818 ft2) .
Monthly rental prices range from £790 pcm for 2 bed flats to £829 pcm for 3 bed flats.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £208.
The last sale in The Orchard Monks Close sold for £177,500 on 12th April 2024. Since then prices are down an average of 1.9%.
The current average value in the building is £165,394.
The The Orchard Monks Close Sales Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £165,394 |
| May 2025 | -1.9% | £166,831 |
| May 2024 | 3% | £169,978 |
| May 2023 | 1.3% | £165,022 |
| May 2022 | 8.3% | £162,916 |
| May 2021 | 5.7% | £150,443 |
| May 2020 | 0% | £142,297 |
| May 2019 | -0.9% | £142,318 |
| May 2018 | 1.1% | £143,571 |
| May 2017 | 1.4% | £142,049 |
| May 2016 | 0.5% | £140,071 |
| May 2015 | 2.2% | £139,360 |
| May 2014 | 0.9% | £136,405 |
| May 2013 | 1% | £135,146 |
| May 2012 | -5.8% | £133,803 |
| May 2011 | -1.3% | £142,045 |
| May 2010 | 2% | £143,963 |
| May 2009 | -11.6% | £141,119 |
| May 2008 | 3.3% | £159,612 |
| May 2007 | 0% | £154,569 |
The current average rental value in the building is £795.
The The Orchard Monks Close Rental Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £795pcm |
| May 2025 | 11.2% | £769pcm |
| May 2024 | 8% | £691pcm |
| May 2023 | 6.1% | £640pcm |
| May 2022 | 7.2% | £603pcm |
| May 2021 | 1% | £563pcm |
| May 2020 | 0.9% | £557pcm |
| May 2019 | -0.6% | £552pcm |
| May 2018 | -1.4% | £555pcm |
| May 2017 | -3% | £563pcm |
| May 2016 | 4.2% | £580pcm |
| May 2015 | -0.5% | £557pcm |
| May 2014 | 1.4% | £560pcm |
| May 2013 | 0% | £552pcm |
| May 2012 | -1.6% | £552pcm |
| May 2011 | 0.3% | £561pcm |
| May 2010 | -1.1% | £559pcm |
| May 2009 | -3.7% | £565pcm |
| May 2008 | 10.8% | £586pcm |
| May 2007 | 0% | £529pcm |
The last sale was on 12th April 2024 for £177,500 and since then the market in the area has decreased by 1.9%. The building has had a total of 26 sales since 1995.
The Orchard, Monks Close, Penrith, CA11 9JG has seen 3 sales in the last three years and no sales in the last twelve months.
The closest station to The Orchard, Monks Close, Penrith, CA11 9JG is Penrith (North Lakes) station which is 1.2 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The Orchard, Monks Close, Penrith, CA11 9JG, 50.7% of property is privately owned outright and 22.3% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around The Orchard, Monks Close, Penrith, CA11 9JG, 8.8% of residents are recorded as possessing school level qualifications and 18.2% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Orchard, Monks Close, Penrith, CA11 9JG, the average age was 46.4 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around The Orchard, Monks Close, Penrith, CA11 9JG, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around The Orchard, Monks Close, Penrith, CA11 9JG, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.