53, Musgrave Street
53, Musgrave Street
Description & Estimates
53, Musgrave Street, Penrith is recorded publicly as a period freehold house across 1,054 ft2 of internal area, sitting on a 228 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 53, Musgrave Street, Penrith is £240,255 and its rental estimate is £1,223 per month, given the available information and assuming reasonable condition.
Musgrave Street, Penrith, CA11 falls within the CA11 postal district.
Our Data Sources
53, Musgrave Street, Penrith has 21 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated March 2013.
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 53, Musgrave Street, Penrith, we estimate a market value of £252,268 and a rental value of £1,284 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £223,437 and £1,137 per month respectively.
Recent Market Change
Over the last year, 53, Musgrave Street, Penrith has seen its estimated sale value decline by £1,075 (0.4%) and its estimated rental value climb by £47 per month (3.8%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 53, Musgrave Street, Penrith as measuring 228 m2.
That makes it the 21st largest plot in the postcode, where 70 of the 77 other houses have recorded plot data.
Energy Efficiency
53, Musgrave Street, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2013.
The property is not 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 53, Musgrave Street, Penrith completed on 14th April 2014 at £155,000 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 74.7% over the period since April 2014.
- Sold Apr 2014£155,000
- Sold May 1997£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 53, Musgrave Street, Penrith have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2024, was 60, Musgrave Street, Penrith, CA11 9AS, a freehold house which sold for £237,000.
Read more about house prices in CA11.
- Sold Mar 2024£237,000 | 3 Bed House60, Musgrave Street, Penrith, CA11 9AS60, Musgrave Street, Penrith, CA11 9AS
- Sold Aug 2018£183,000 | 3 Bed House65, Musgrave Street, Penrith, CA11 9AS65, Musgrave Street, Penrith, CA11 9AS
- Sold Jan 2016£181,100 | 3 Bed House51, Musgrave Street, Penrith, CA11 9AS51, Musgrave Street, Penrith, CA11 9AS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 87 addresses on Musgrave Street, Penrith, CA11, 53, Musgrave Street, Penrith comes out as the 58th largest and the 19th most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the CA11 district.
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Schools Nearby
- 600mBrunswick School
- 600mSt Catherine's Catholic Primary School, Penrith
- 1.2kmNorth Lakes School
- 700mQueen Elizabeth Grammar School Penrith
- 1.1kmUllswater Community College
- 19.5kmAppleby Grammar School
More reading links
Public Transport Nearby
From 53, Musgrave Street, Penrith, the nearest station is Penrith (North Lakes), 400 metres away.
- 400mPenrith (North Lakes)
- 7.3kmLangwathby
- 10.4kmLazonby & Kirkoswald
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.
