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Public records show 40, Park Road, Milnthorpe to be a period freehold house with 419 ft2 of internal area, sitting on a 96.4 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
40, Park Road, Milnthorpe has an estimated sale value of £136,716 and an estimated rental value of £781 per month, assuming reasonable condition and based on the information available.
Park Road, Milnthorpe, LA7 lies within the LA7 postal district.
40, Park Road, Milnthorpe has 2 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated July 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.
In very good condition, we estimate 40, Park Road, Milnthorpe would be worth £143,551, with a potential rental value of £820 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £127,145, with a rental value of £726 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Park Road, Milnthorpe has climbed by £673 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (4.1%). The property's estimated gross yield is currently 6.9%.
40, Park Road, Milnthorpe occupies a 96 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 26th largest.
40, Park Road, Milnthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
40, Park Road, Milnthorpe last changed hands on 5th May 2023, selling for £150,000. 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 20.7% since May 2023.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 2.8 kilometres of 40, Park Road, Milnthorpe across the last 2 years.
Most recently, 42, Park Road, Milnthorpe, LA7 7AD, a freehold house, sold at £140,000 on the 18th August 2021.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Park Road, Milnthorpe as the 56th largest and the 57th most expensive of the 59 addresses on Park Road, Milnthorpe, LA7.
Against the LA7 postcode district average, it is £234k less expensive than the typical property.
Arnside station is the nearest stop to 40, Park Road, Milnthorpe at 4.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Park Road, Milnthorpe, 41.7% of property is privately owned outright and 28.5% 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 40, Park Road, Milnthorpe, 20.7% of residents are recorded as possessing school level qualifications and 37.4% 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 40, Park Road, 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 40, Park Road, Milnthorpe, 0.6% 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 40, Park Road, Milnthorpe, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.