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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, Mardale Road, Penrith is a modern Leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mardale Road, Penrith is £126,134 and the estimated rental value is £704 per month.
Mardale Road, Penrith, CA11 is located within the CA11 postal district.
2, Mardale Road, Penrith has 41 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property 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, Mardale Road, Penrith is in very good condition we estimate a sale value of £132,440 and a rental value of £739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,304 and a rental value of £654 per month.
Over the last 12 months the sale value of 2 Mardale Road Penrith has decreased by an estimated £343 (0.3%) and its rental value has increased by an estimated £27 per month (3.8%), giving an expected gross yield of 6.7%.
2, Mardale Road, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
According to HM Land Registry, 2, Mardale Road, Penrith was last sold on 18th October 2016 for £80,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2016, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mardale Road, Penrith within a radius of 830 metres over the last 2 years.
The most recent example is 9, Mardale Road, Penrith, CA11 9DG, a leasehold flat which sold for £127,000 on the 11th December 2023.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mardale Road, Penrith, CA11 has a total of 16 addresses. According to our analysis of all the public data, 2, Mardale Road, Penrith is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in CA11.
The closest station to 2, Mardale Road, Penrith is Penrith (North Lakes) station which is 400 metres 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, Mardale Road, Penrith, 30.8% of property is privately owned with a mortgage and 29.4% 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, Mardale Road, Penrith, 18.7% of residents are recorded as possessing school level qualifications and 25.4% 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, Mardale Road, 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, Mardale Road, 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, Mardale Road, Penrith, 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.
