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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, Oak Tree Close, Penrith is £292,771 and the estimated rental value is £1,228 per month.
Oak Tree Close, Shap, Penrith, CA10 is located within the CA10 postal district.
2, Oak Tree Close, Penrith has 31 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated September 2013.
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, Oak Tree Close, Penrith is in very good condition we estimate a sale value of £307,409 and a rental value of £1,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,277 and a rental value of £1,142 per month.
Over the last 12 months the sale value of 2 Oak Tree Close Penrith has increased by an estimated £3,131 (1.1%) and its rental value has increased by an estimated £52 per month (4.2%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Oak Tree Close, Penrith sits on a plot of 588m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Oak Tree Close, Penrith sits on the 2nd largest plot.
2, Oak Tree Close, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2, Oak Tree Close, Penrith was last sold on 15th February 2019 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2019, the market for similar properties has risen 80.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oak Tree Close, Penrith within a radius of 9.2 kilometres over the last 2 years.
The most recent example is Beechdene, Penrith, CA10 3PZ, a freehold house which sold for £285,000 on the 23rd September 2024.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Tree Close, Shap, Penrith, CA10 has a total of 5 addresses. According to our analysis of all the public data, 2, Oak Tree Close, Penrith is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in CA10.
The closest station to 2, Oak Tree Close, Penrith is Appleby station which is 13.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Oak Tree Close, Penrith, 59.6% of property is privately owned outright and 23.3% 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, Oak Tree Close, Penrith, 12.1% of residents are recorded as possessing school level qualifications and 31.9% 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, Oak Tree Close, Penrith, the average age was 47.1 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, Oak Tree Close, Penrith, 0.3% 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, Oak Tree Close, Penrith, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.