8, Fold Gardens
8, Fold Gardens
Description & Estimates
8, Fold Gardens, Penrith is recorded publicly as a modern freehold house across 2,131 ft2 of internal area, sitting on a 518 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Fold Gardens, Penrith is £526,560 and its rental estimate is £1,692 per month, given the available information and assuming reasonable condition.
Fold Gardens, Great Salkeld, Penrith, CA11 falls within the CA11 postal district.
Our Data Sources
8, Fold Gardens, Penrith has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that 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.
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 8, Fold Gardens, Penrith, we estimate a market value of £552,888 and a rental value of £1,776 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £489,701 and £1,573 per month respectively.
Recent Market Change
Over the last year, 8, Fold Gardens, Penrith has seen its estimated sale value move down by £9,876 (1.9%) and its estimated rental value increase by £32 per month (1.9%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 8, Fold Gardens, Penrith as measuring 518 m2.
That makes it the 6th largest plot in the postcode, where all 12 other houses have recorded plot data.
Energy Efficiency
8, Fold Gardens, Penrith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 8, Fold Gardens, Penrith completed on 7th June 2019 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.5% over the period since June 2019.
- Sold Jun 2019£425,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Fold Gardens, Penrith have sold within a radius of 5.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2022, was 2, Fallow Gardens, Penrith, CA11 9GW, a freehold house which sold for £540,000.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Fold Gardens, Great Salkeld, Penrith, CA11, 8, Fold Gardens, Penrith comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £233k more expensive than the average property across the CA11 district.
More reading links
Schools Nearby
- 2.9kmLazonby C of E Primary School
- 3.4kmLangwathby CofE Primary School
- 4.5kmKirkoswald CofE School
- 8.0kmUllswater Community College
- 8.2kmQueen Elizabeth Grammar School Penrith
- 19.2kmSamuel King's School
More reading links
Public Transport Nearby
From 8, Fold Gardens, Penrith, the nearest station is Lazonby & Kirkoswald, 2.8 kilometres away.
- 2.8kmLazonby & Kirkoswald
- 4.1kmLangwathby
- 8.0kmPenrith (North Lakes)
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.
