2, South Terrace
2, South Terrace
Description & Estimates
Public records show 2, South Terrace, Penrith to be a period freehold house with 1,205 ft2 of internal area, sitting on a 95.3 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, South Terrace, Penrith has an estimated sale value of £166,845 and an estimated rental value of £855 per month, assuming reasonable condition and based on the information available.
South Terrace, Tebay, Penrith, CA10 lies within the CA10 postal district.
Our Data Sources
2, South Terrace, Penrith has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated June 2019.
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.
Price Range & Condition
In very good condition, we estimate 2, South Terrace, Penrith would be worth £175,187, with a potential rental value of £897 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £155,166, with a rental value of £795 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, South Terrace, Penrith has decreased by £747 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.8%). The property's estimated gross yield is currently 6.1%.
Plot Size
2, South Terrace, Penrith occupies a 95 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
2, South Terrace, Penrith has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
2, South Terrace, Penrith last changed hands on 1st October 2019, selling for £88,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 62.3% since October 2019.
- Sold Oct 2019£88,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 11.7 kilometres of 2, South Terrace, Penrith across the last 2 years.
Most recently, 6, South Terrace, Penrith, CA10 3XJ, a freehold house, sold at £165,000 on the 30th August 2024.
Read more about house prices in CA10.
- Sold Aug 2024£165,000 | 3 Bed House6, South Terrace, Penrith, CA10 3XJ6, South Terrace, Penrith, CA10 3XJ
- Sold May 2023£150,000 | 4 Bed House4, South Terrace, Penrith, CA10 3XJ4, South Terrace, Penrith, CA10 3XJ
- Sold Oct 2015£120,000 | 3 Bed House3, South Terrace, Penrith, CA10 3XJ3, South Terrace, Penrith, CA10 3XJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, South Terrace, Penrith as the 6th largest and the 6th most expensive of the 16 addresses on South Terrace, Tebay, Penrith, CA10.
Against the CA10 postcode district average, it is £127k less expensive than the typical property.
More reading links
Schools Nearby
- 700mTebay Primary School
- 4.6kmOrton CofE School
- 7.3kmGrayrigg CofE School
- 12.6kmSettlebeck School
- 13.2kmThe Queen Katherine School
- 15.3kmKirkbie Kendal School
More reading links
Public Transport Nearby
Burneside (Cumbria) station is the nearest stop to 2, South Terrace, Penrith at 13.5 kilometres away.
- 13.5kmBurneside (Cumbria)
- 14.0kmKendal
- 15.1kmKirkby Stephen
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
