42, Park Road
42, Park Road
Description & Estimates
42, Park Road, Milnthorpe is recorded publicly as a period freehold house across 387 ft2 of internal area, sitting on a 65.5 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 42, Park Road, Milnthorpe is £131,290 and its rental estimate is £750 per month, given the available information and assuming reasonable condition.
Park Road, Milnthorpe, LA7 falls within the LA7 postal district.
Our Data Sources
42, Park Road, Milnthorpe has 21 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated October 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 42, Park Road, Milnthorpe, we estimate a market value of £137,855 and a rental value of £787 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,100 and £697 per month respectively.
Recent Market Change
Over the last year, 42, Park Road, Milnthorpe has seen its estimated sale value move up by £646 (0.5%) and its estimated rental value increase by £31 per month (4.1%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 42, Park Road, Milnthorpe as measuring 65 m2.
That makes it the 31st largest plot in the postcode, where 32 of the 44 other houses have recorded plot data.
Energy Efficiency
42, Park Road, Milnthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 42, Park Road, Milnthorpe completed on 18th August 2021 at £140,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 34.8% over the period since August 2021.
- Sold Aug 2021£140,000
- Sold Sep 2002£85,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 42, Park Road, Milnthorpe has sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th May 2023, was 40, Park Road, Milnthorpe, LA7 7AD, a freehold house which sold for £150,000.
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
Of the 59 addresses on Park Road, Milnthorpe, LA7, 42, Park Road, Milnthorpe comes out as the 57th largest and the 58th most expensive in our analysis of the public data.
It is also £239k less expensive than the average property across the LA7 district.
More reading links
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
From 42, Park Road, Milnthorpe, the nearest station is Arnside, 4.4 kilometres away.
- 4.4kmArnside
- 6.6kmSilverdale
- 9.0kmGrange-over-Sands
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
