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According to the public record, 8, Beacon Close, Penrith is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,045 ft2 of internal area and sits on a 432 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Beacon Close, Penrith is £405,551 and the estimated rental value is £1,270 per month.
Beacon Close, Penrith, CA11 is located within the CA11 postal district.
8, Beacon Close, Penrith has a single entry in the Land Registry from March 2012 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.
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 8, Beacon Close, Penrith is in very good condition we estimate a sale value of £425,829 and a rental value of £1,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,163 and a rental value of £1,181 per month.
Over the last 12 months the sale value of 8 Beacon Close Penrith has increased by an estimated £2,514 (0.6%) and its rental value has increased by an estimated £49 per month (3.9%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 8, Beacon Close, Penrith sits on a plot of 432m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, Beacon Close, Penrith sits on the 10th largest plot.
According to HM Land Registry, 8, Beacon Close, Penrith was last sold on 2nd March 2012 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 63.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Beacon Close, Penrith within a radius of 650 metres over the last 2 years.
The most recent example is Heathfield, Croft Terrace, Penrith, CA11 7RS, a freehold house which sold for £405,000 on the 23rd June 2023.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Close, Penrith, CA11 has a total of 10 addresses. According to our analysis of all the public data, 8, Beacon Close, Penrith is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in CA11.
The closest station to 8, Beacon Close, Penrith is Penrith (North Lakes) station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 8, Beacon Close, Penrith, 60.0% of property is privately owned outright and 27.2% 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 8, Beacon Close, Penrith, 13.0% of residents are recorded as possessing school level qualifications and 44.2% 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 8, Beacon Close, Penrith, the average age was 46.4 and the most common age was 57.
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 8, Beacon Close, 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 8, Beacon Close, Penrith, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.