38, Park Road
38, Park Road
Description & Estimates
Public records show 38, Park Road, Milnthorpe to be a period freehold house with 699 ft2 of internal area, sitting on a 77.8 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
38, Park Road, Milnthorpe has an estimated sale value of £177,045 and an estimated rental value of £999 per month, assuming reasonable condition and based on the information available.
Park Road, Milnthorpe, LA7 lies within the LA7 postal district.
Our Data Sources
38, Park Road, Milnthorpe has 21 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated December 2020.
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 38, Park Road, Milnthorpe would be worth £185,898, with a potential rental value of £1,049 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £164,652, with a rental value of £929 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 38, Park Road, Milnthorpe has grown by £872 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £41 (4.1%). The property's estimated gross yield is currently 6.8%.
Plot Size
38, Park Road, Milnthorpe occupies a 78 m2 plot as recorded by HM Land Registry.
Of the 44 other houses in this postcode, 32 have recorded plot sizes, and this one ranks as the 27th largest.
Energy Efficiency
38, Park Road, Milnthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Park Road, Milnthorpe last changed hands on 12th May 2021, selling for £187,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 37.1% since May 2021.
- Sold May 2021£187,500
- Sold Jun 2000£56,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.8 kilometres of 38, Park Road, Milnthorpe across the last 2 years.
Most recently, 12, The Square, Milnthorpe, LA7 7QJ, a freehold house, sold at £110,000 on the 14th November 2024.
Read more about house prices in LA7.
•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 38, Park Road, Milnthorpe as the 45th largest and the 50th most expensive of the 59 addresses on Park Road, Milnthorpe, LA7.
Against the LA7 postcode district average, it is £193k less expensive than the typical property.
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Schools Nearby
- 400mMilnthorpe Primary School
- 2.2kmBeetham CofE Primary School
- 2.4kmStorth CofE School
- 500mDallam School
- 10.3kmKirkbie Kendal School
- 11.3kmCarnforth High School
More reading links
Public Transport Nearby
Arnside station is the nearest stop to 38, Park Road, Milnthorpe at 4.4 kilometres away.
- 4.4kmArnside
- 6.6kmSilverdale
- 9.0kmGrange-over-Sands
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.
