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According to the public record, 2, Mickle Drive, Penrith is a modern freehold house with 957 ft2 of internal area.
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, Mickle Drive, Penrith is £252,700 and the estimated rental value is £1,281 per month.
Mickle Drive, Carleton Village, Penrith, CA11 is located within the CA11 postal district.
2, Mickle Drive, Penrith has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Mickle Drive, Penrith is in very good condition we estimate a sale value of £265,335 and a rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,011 and a rental value of £1,192 per month.
Over the last 12 months the sale value of 2 Mickle Drive Penrith has decreased by an estimated £1,131 (0.4%) and its rental value has increased by an estimated £49 per month (3.8%), giving an expected gross yield of 6.1%.
2, Mickle Drive, Penrith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mickle Drive, Penrith was last sold on 13th October 2023 for £247,450 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mickle Drive, Penrith within a radius of 980 metres over the last 2 years.
The most recent example is 4, Mickle Drive, Penrith, CA11 8FT, a freehold house which sold for £267,500 on the 13th May 2024.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mickle Drive, Carleton Village, Penrith, CA11 has a total of 9 addresses. According to our analysis of all the public data, 2, Mickle Drive, Penrith is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in CA11.
The closest station to 2, Mickle Drive, Penrith is Penrith (North Lakes) station which is 2.0 kilometres 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, Mickle Drive, Penrith, 45.5% of property is privately owned outright and 45.5% 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, Mickle Drive, Penrith, 15.2% of residents are recorded as possessing school level qualifications and 32.4% 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, Mickle Drive, Penrith, the average age was 46.4 and the most common age was 57.
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, Mickle Drive, Penrith, 0.5% 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, Mickle Drive, Penrith, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.