5 Mellfell Cottages, Penrith
5 Mellfell Cottages, Penrith
Description & Estimates
According to the public record, 5 Mellfell Cottages, Penrith is a freehold house that sits on a 272 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 730 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 Mellfell Cottages, Penrith is £597,962 and the estimated rental value is £2,249 per month.
Watermillock, Penrith, CA11 is located within the CA11 postal district.
Our Data Sources
5 Mellfell Cottages, Penrith has a single entry in the Land Registry from August 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 5 Mellfell Cottages, Penrith is in very good condition we estimate a sale value of £627,860 and a rental value of £2,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,105 and a rental value of £2,091 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5 Mellfell Cottages, Penrith has increased by £3,028 (0.5%), while its estimated rental value has grown by £100 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Plot Size
According to data from HM Land Registry, 5 Mellfell Cottages, Penrith sits on a plot of 272 m2.
We have plot size data on 9 out of 11 other houses in the postcode and 5 Mellfell Cottages, Penrith sits on the 8th largest plot.
Sold Prices
According to HM Land Registry, 5 Mellfell Cottages, Penrith was last sold on 10th August 2015 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2015, the market for similar properties has dropped by 28.1%.
- Sold Aug 2015£180,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 5 Mellfell Cottages, Penrith within a radius of 7.8 kilometres over the last 2 years.
The most recent example is 3 Mellfell Cottages, Penrith, CA11 0LS, a freehold house which sold for £190,000 on the 27th February 2015.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Watermillock, Penrith, CA11 has a total of 145 addresses. According to our analysis of all the public data, 5 Mellfell Cottages, Penrith is the 127th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £304k more expensive than the average property in CA11.
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Schools Nearby
- 4.1kmPenruddock Primary School
- 6.8kmStainton CofE Primary School
- 7.2kmGreystoke Primary School
- 10.0kmQueen Elizabeth Grammar School Penrith
- 10.5kmUllswater Community College
- 17.0kmKeswick School
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Public Transport Nearby
The closest station to 5 Mellfell Cottages, Penrith is Penrith (North Lakes) station, which is 10.2 kilometres away.
- 10.2kmPenrith (North Lakes)
- 17.2kmLangwathby
- 19.9kmLazonby & Kirkoswald
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
