2, Fallow Gardens
2, Fallow Gardens
Description & Estimates
2, Fallow Gardens, Penrith is recorded publicly as a modern freehold house across 1,883 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Fallow Gardens, Penrith is £533,107 and its rental estimate is £1,582 per month, given the available information and assuming reasonable condition.
Fallow Gardens, Great Salkeld, Penrith, CA11 falls within the CA11 postal district.
Our Data Sources
2, Fallow Gardens, Penrith has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Fallow Gardens, Penrith, we estimate a market value of £559,762 and a rental value of £1,661 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £495,789 and £1,471 per month respectively.
Recent Market Change
Over the last year, 2, Fallow Gardens, Penrith has seen its estimated sale value decrease by £5,759 (1.1%) and its estimated rental value grow by £42 per month (2.7%). This results in an estimated gross rental yield of 3.6%.
Energy Efficiency
2, Fallow Gardens, Penrith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 2, Fallow Gardens, Penrith completed on 16th September 2022 at £540,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.8% over the period since September 2022.
- Sold Sep 2022£540,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Fallow Gardens, Penrith have sold within a radius of 5.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2023, was 3, Fallow Gardens, Penrith, CA11 9GW, a freehold house which sold for £500,000.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 2 addresses on Fallow Gardens, Great Salkeld, Penrith, CA11, 2, Fallow Gardens, Penrith comes out as the largest and the most expensive in our analysis of the public data.
It is also £239k more expensive than the average property across the CA11 district.
More reading links
Schools Nearby
- 3.0kmLazonby C of E Primary School
- 3.2kmLangwathby CofE Primary School
- 4.6kmKirkoswald CofE School
- 7.9kmUllswater Community College
- 8.1kmQueen Elizabeth Grammar School Penrith
- 19.2kmSamuel King's School
More reading links
Public Transport Nearby
From 2, Fallow Gardens, Penrith, the nearest station is Lazonby & Kirkoswald, 2.9 kilometres away.
- 2.9kmLazonby & Kirkoswald
- 4.0kmLangwathby
- 7.9kmPenrith (North Lakes)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
