2, Bridge Terrace
2, Bridge Terrace
Description & Estimates
According to the public record, 2, Bridge Terrace, Penrith is a period freehold house with 1,044 ft2 of internal area and sits on a 83.2 m2 plot.
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 2, Bridge Terrace, Penrith is £283,178 and the estimated rental value is £1,253 per month.
Bridge Terrace, Melmerby, Penrith, CA10 is located within the CA10 postal district.
Our Data Sources
2, Bridge Terrace, Penrith has 21 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 2, Bridge Terrace, Penrith is in very good condition we estimate a sale value of £297,337 and a rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,356 and a rental value of £1,165 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Bridge Terrace, Penrith has decreased by £1,267 (0.4%), while its estimated rental value has grown by £48 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 2, Bridge Terrace, Penrith sits on a plot of 83 m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Bridge Terrace, Penrith sits on the 5th largest plot.
Energy Efficiency
2, Bridge Terrace, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 2, Bridge Terrace, Penrith was last sold on 13th December 2019 for £223,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2019, the market for similar properties has risen by 15.1%.
- Sold Dec 2019£223,000
- Sold Jan 1999£48,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bridge Terrace, Penrith within a radius of 7.3 kilometres over the last 2 years.
The most recent example is Parshaven, Penrith, CA10 1HF, a freehold house which sold for £278,000 on the 28th November 2023.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Bridge Terrace, Melmerby, Penrith, CA10 has a total of 6 addresses. According to our analysis of all the public data, 2, Bridge Terrace, Penrith is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in CA10.
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Schools Nearby
- 5.8kmLangwathby CofE Primary School
- 6.9kmLazonby C of E Primary School
- 7.3kmCulgaith CofE School
- 12.4kmUllswater Community College
- 12.9kmQueen Elizabeth Grammar School Penrith
- 13.7kmSamuel King's School
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Public Transport Nearby
The closest station to 2, Bridge Terrace, Penrith is Langwathby station, which is 5.7 kilometres away.
- 5.7kmLangwathby
- 7.1kmLazonby & Kirkoswald
- 12.7kmPenrith (North Lakes)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
