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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 Castlegate Mews, Castlegate, Penrith is a period freehold house with 602 ft2 of internal area and sits on a 170 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a balcony and garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Castlegate Mews, Castlegate, Penrith is £124,688 and the estimated rental value is £697 per month.
Castlegate, Penrith, CA11 is located within the CA11 postal district.
2 Castlegate Mews, Castlegate, Penrith has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated November 2020.
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.
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 Castlegate Mews, Castlegate, Penrith is in very good condition we estimate a sale value of £130,923 and a rental value of £732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,960 and a rental value of £648 per month.
Over the last 12 months the sale value of 2 Castlegate Mews Castlegate Penrith has increased by an estimated £1,056 (0.8%) and its rental value has increased by an estimated £36 per month (5.1%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 2 Castlegate Mews, Castlegate, Penrith sits on a plot of 170m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2 Castlegate Mews, Castlegate, Penrith sits on the largest plot.
2 Castlegate Mews, Castlegate, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2020.
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, 2 Castlegate Mews, Castlegate, Penrith was last sold on 3rd March 2021 for £105,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2021, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Castlegate Mews, Castlegate, Penrith within a radius of 470 metres over the last 2 years.
The most recent example is 7, Brougham Street, Penrith, CA11 9DW, a freehold house which sold for £122,500 on the 31st October 2023.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlegate, Penrith, CA11 has a total of 85 addresses. According to our analysis of all the public data, 2 Castlegate Mews, Castlegate, Penrith is the 58th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in CA11.
The closest station to 2 Castlegate Mews, Castlegate, Penrith is Penrith (North Lakes) station which is 200 metres 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 2 Castlegate Mews, Castlegate, Penrith, 36.0% of property is socially rented and 22.8% 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 2 Castlegate Mews, Castlegate, Penrith, 18.7% of residents are recorded as possessing school level qualifications and 23.8% 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 2 Castlegate Mews, Castlegate, Penrith, the average age was 42.4 and the most common age was 52.
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 2 Castlegate Mews, Castlegate, Penrith, 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 2 Castlegate Mews, Castlegate, Penrith, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
