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According to the public record, 1, Beech Close, Milnthorpe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,191 ft2 of internal area and sits on a 513 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Beech Close, Milnthorpe is £364,805 and the estimated rental value is £1,492 per month.
Beech Close, Milnthorpe, LA7 is located within the LA7 postal district.
1, Beech Close, Milnthorpe has a single entry in the Land Registry from September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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, Beech Close, Milnthorpe is in very good condition we estimate a sale value of £383,045 and a rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,268 and a rental value of £1,387 per month.
Over the last 12 months the sale value of 1 Beech Close Milnthorpe has increased by an estimated £1,650 (0.5%) and its rental value has increased by an estimated £57 per month (3.8%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 1, Beech Close, Milnthorpe sits on a plot of 513m2.
According to HM Land Registry, 1, Beech Close, Milnthorpe was last sold on 26th September 2012 for £227,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2012, the market for similar properties has risen 103.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Beech Close, Milnthorpe within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 15, Chestnut Way, Milnthorpe, LA7 7RB, a freehold house which sold for £360,000 on the 24th November 2023.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Close, Milnthorpe, LA7 has a total of 2 addresses. According to our analysis of all the public data, 1, Beech Close, Milnthorpe is the largest and the most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in LA7.
The closest station to 1, Beech Close, Milnthorpe is Arnside station which is 4.8 kilometres away.
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 1, Beech Close, Milnthorpe, 47.7% of property is privately owned outright and 29.8% 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, Beech Close, Milnthorpe, 11.0% of residents are recorded as possessing school level qualifications and 36.8% 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, Beech Close, Milnthorpe, the average age was 49.6 and the most common age was 72.
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, Beech Close, Milnthorpe, 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 1, Beech Close, Milnthorpe, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.