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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, Chestnut Way, Milnthorpe is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,538 ft2 of internal area and sits on a 372 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Chestnut Way, Milnthorpe is £422,913 and the estimated rental value is £1,594 per month.
Chestnut Way, Milnthorpe, LA7 is located within the LA7 postal district.
2, Chestnut Way, Milnthorpe has 21 entries in the Land Registry , most recently in October 2013 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 2, Chestnut Way, Milnthorpe is in very good condition we estimate a sale value of £444,059 and a rental value of £1,673 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,309 and a rental value of £1,482 per month.
Over the last 12 months the sale value of 2 Chestnut Way Milnthorpe has decreased by an estimated £2,643 (0.6%) and its rental value has increased by an estimated £47 per month (2.9%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Chestnut Way, Milnthorpe sits on a plot of 372m2.
We have plot size data on 15 out of 15 other houses in the postcode and 2, Chestnut Way, Milnthorpe sits on the 9th largest plot.
According to HM Land Registry, 2, Chestnut Way, Milnthorpe was last sold on 25th October 2013 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2013, the market for similar properties has risen 83.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Way, Milnthorpe within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 4, Chestnut Way, Milnthorpe, LA7 7RB, a freehold house which sold for £301,500 on the 18th October 2019.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Way, Milnthorpe, LA7 has a total of 15 addresses. According to our analysis of all the public data, 2, Chestnut Way, Milnthorpe is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in LA7.
The closest station to 2, Chestnut Way, Milnthorpe is Arnside station which is 4.8 kilometres away.
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 2, Chestnut Way, 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 2, Chestnut Way, 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 2, Chestnut Way, 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 2, Chestnut Way, 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 2, Chestnut Way, 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.
