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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
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According to the public record, 3, Parklands Way, Penrith is a modern freehold house with 893 ft2 of internal area and sits on a 346 m2 plot.
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 3, Parklands Way, Penrith is £334,394 and the estimated rental value is £1,146 per month.
Parklands Way, Penrith, CA11 is located within the CA11 postal district.
3, Parklands Way, Penrith has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, Parklands Way, Penrith is in very good condition we estimate a sale value of £351,113 and a rental value of £1,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,986 and a rental value of £1,066 per month.
Over the last 12 months the sale value of 3 Parklands Way Penrith has increased by an estimated £2,073 (0.6%) and its rental value has increased by an estimated £44 per month (3.9%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 3, Parklands Way, Penrith sits on a plot of 346m2.
We have plot size data on 34 out of 34 other houses in the postcode and 3, Parklands Way, Penrith sits on the 30th largest plot.
3, Parklands Way, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Parklands Way, Penrith was last sold on 12th December 2014 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2014, the market for similar properties has risen 63.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Parklands Way, Penrith within a radius of 570 metres over the last 2 years.
The most recent example is 7, Parklands View, Penrith, CA11 8TE, a freehold house which sold for £350,000 on the 25th November 2022.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parklands Way, Penrith, CA11 has a total of 34 addresses. According to our analysis of all the public data, 3, Parklands Way, Penrith is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in CA11.
The closest station to 3, Parklands Way, Penrith is Penrith (North Lakes) station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 3, Parklands Way, Penrith, 71.3% of property is privately owned outright and 20.6% 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, Parklands Way, Penrith, 10.9% of residents are recorded as possessing school level qualifications and 36.6% 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, Parklands Way, 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 3, Parklands Way, 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 3, Parklands Way, Penrith, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
