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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
According to the public record, 3, Millstone Terrace, Penrith is a period freehold house with 452 ft2 of internal area and sits on a 162 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Millstone Terrace, Penrith is £135,965 and the estimated rental value is £752 per month.
Millstone Terrace, Lazonby, Penrith, CA10 is located within the CA10 postal district.
3, Millstone Terrace, Penrith has 41 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated July 2012.
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 3, Millstone Terrace, Penrith is in very good condition we estimate a sale value of £142,764 and a rental value of £790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,448 and a rental value of £700 per month.
Over the last 12 months the sale value of 3 Millstone Terrace Penrith has increased by an estimated £2,557 (1.9%) and its rental value has increased by an estimated £38 per month (5.1%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 3, Millstone Terrace, Penrith sits on a plot of 162m2.
3, Millstone Terrace, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 3, Millstone Terrace, Penrith was last sold on 20th May 2021 for £115,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2021, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 6.3 kilometres radius of 3, Millstone Terrace, Penrith over the last 2 years.
The most recent example is 1, Sunray Villas, Penrith, CA10 1AD, a freehold house which sold for £275,000 on the 14th August 2023.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millstone Terrace, Lazonby, Penrith, CA10 has a total of 2 addresses. According to our analysis of all the public data, 3, Millstone Terrace, Penrith is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in CA10.
The closest station to 3, Millstone Terrace, Penrith is Lazonby & Kirkoswald station which is 400 metres 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 3, Millstone Terrace, Penrith, 50.0% of property is privately owned outright and 25.4% 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 3, Millstone Terrace, Penrith, 15.0% of residents are recorded as possessing school level qualifications and 47.4% 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 3, Millstone Terrace, Penrith, the average age was 46.5 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 3, Millstone Terrace, Penrith, 1.1% 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 3, Millstone Terrace, 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.
