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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Bay View, Milnthorpe is £240,818 and the estimated rental value is £1,236 per month.
Bay View, Heversham, Milnthorpe, LA7 is located within the LA7 postal district.
1, Bay View, Milnthorpe has 31 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Bay View, Milnthorpe is in very good condition we estimate a sale value of £252,859 and a rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,961 and a rental value of £1,149 per month.
Over the last 12 months the sale value of 1 Bay View Milnthorpe has increased by an estimated £883 (0.4%) and its rental value has increased by an estimated £50 per month (4.1%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 1, Bay View, Milnthorpe sits on a plot of 340m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Bay View, Milnthorpe sits on the 2nd largest plot.
1, Bay View, Milnthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Bay View, Milnthorpe was last sold on 5th November 2018 for £255,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2018, the market for similar properties has risen 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Bay View, Milnthorpe within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Plumtree Mews, Milnthorpe, LA7 7ES, a freehold house which sold for £228,000 on the 12th February 2024.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bay View, Heversham, Milnthorpe, LA7 has a total of 4 addresses. According to our analysis of all the public data, 1, Bay View, Milnthorpe is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in LA7.
The closest station to 1, Bay View, Milnthorpe is Arnside station which is 5.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Bay View, Milnthorpe, 72.7% of property is privately owned outright and 20.8% is privately owned with a mortgage.
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 1, Bay View, Milnthorpe, 13.0% of residents are recorded as possessing school level qualifications and 44.4% 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 1, Bay View, Milnthorpe, the average age was 48.9 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 1, Bay View, Milnthorpe, 2.5% 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 1, Bay View, Milnthorpe, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.