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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, 50, Castlegate, Penrith is a period apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Castlegate, Penrith is £64,576 and the estimated rental value is £367 per month.
The apartment is within 50, Castlegate, Penrith, CA11.
Castlegate, Penrith, CA11 is located within the CA11 postal district.
50, Castlegate, Penrith has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 50, Castlegate, Penrith is in very good condition we estimate a sale value of £67,804 and a rental value of £386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £60,055 and a rental value of £342 per month.
Over the last 12 months the sale value of 50 Castlegate Penrith has decreased by an estimated £422 (0.7%) and its rental value has increased by an estimated £14 per month (3.9%), giving an expected gross yield of 6.8%.
50, Castlegate, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2014.
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, 50, Castlegate, Penrith was last sold on 16th March 1999 for £55,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 50, Castlegate, Penrith within a radius of 470 metres over the last 2 years.
The most recent example is 75B, Brougham Street, Penrith, CA11 9DW, a leasehold flat which sold for £60,000 on the 26th August 2021.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlegate, Penrith, CA11 has a total of 85 addresses. According to our analysis of all the public data, 50, Castlegate, Penrith is the 33rd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in CA11.
The closest station to 50, Castlegate, Penrith is Penrith (North Lakes) station which is 300 metres away.
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 50, Castlegate, Penrith, 40.7% of property is privately rented and 34.3% is socially rented.
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 50, Castlegate, Penrith, 13.1% of residents are recorded as possessing school level qualifications and 22.6% 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 50, Castlegate, Penrith, the average age was 42.4 and the most common age was 52.
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 50, Castlegate, Penrith, 0.0% 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 50, Castlegate, Penrith, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
