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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, The Willows, Milnthorpe is £371,649 and the estimated rental value is £1,495 per month.
The Willows, Milnthorpe, LA7 is located within the LA7 postal district.
2, The Willows, Milnthorpe has 21 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated April 2017.
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, The Willows, Milnthorpe is in very good condition we estimate a sale value of £390,232 and a rental value of £1,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,634 and a rental value of £1,390 per month.
Over the last 12 months the sale value of 2 The Willows Milnthorpe has increased by an estimated £1,681 (0.5%) and its rental value has increased by an estimated £57 per month (3.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 2, The Willows, Milnthorpe sits on a plot of 246m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, The Willows, Milnthorpe sits on the 4th largest plot.
2, The Willows, Milnthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, The Willows, Milnthorpe was last sold on 14th December 2017 for £272,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2017, the market for similar properties has risen 85.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Willows, Milnthorpe within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 4, The Willows, Milnthorpe, LA7 7PR, a freehold house which sold for £375,000 on the 24th November 2023.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Willows, Milnthorpe, LA7 has a total of 5 addresses. According to our analysis of all the public data, 2, The Willows, Milnthorpe is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in LA7.
The closest station to 2, The Willows, Milnthorpe is Arnside station which is 4.3 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, The Willows, Milnthorpe, 47.7% of property is privately owned outright and 29.8% 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, The Willows, Milnthorpe, 11.0% of residents are recorded as possessing school level qualifications and 36.8% 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, The Willows, Milnthorpe, the average age was 49.6 and the most common age was 72.
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, The Willows, Milnthorpe, 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, The Willows, Milnthorpe, 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.