Apartment 2, 3
Apartment 2, 3
Description & Estimates
Apartment 2, 3, Queen Street, Penrith is described in the public record as a modern apartment with 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 2, 3, Queen Street, Penrith is £98,382 and its rental estimate is £613 per month, given the available information and assuming reasonable condition.
3, Queen Street is a residential building on Queen Street, Penrith, CA11 and falls within the CA11 postal district.
Our Data Sources
Apartment 2, 3, Queen Street, Penrith has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
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.
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 Apartment 2, 3, Queen Street, Penrith, we estimate a market value of £103,301 and a rental value of £644 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,495 and £570 per month respectively.
Recent Market Change
Over the last year, Apartment 2, 3, Queen Street, Penrith has seen its estimated sale value decrease by £739 (0.8%) and its estimated rental value grow by £21 per month (3.4%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Apartment 2, 3, Queen Street, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Apartment 2, 3, Queen Street, Penrith has sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2009, was 2 Railway Tavern, Castlegate, Penrith, CA11 7JD, a leasehold flat which sold for £101,500.
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
Of the 25 addresses on Queen Street, Penrith, CA11, Apartment 2, 3, Queen Street, Penrith comes out as the 12th largest and the 15th most expensive in our analysis of the public data.
It is also £196k less expensive than the average property across the CA11 district.
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Schools Nearby
- 100mBrunswick School
- 400mSt Catherine's Catholic Primary School, Penrith
- 700mBeaconside CofE Primary School
- 700mUllswater Community College
- 800mQueen Elizabeth Grammar School Penrith
- 18.9kmAppleby Grammar School
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Public Transport Nearby
From Apartment 2, 3, Queen Street, Penrith, the nearest station is Penrith (North Lakes), 500 metres away.
- 500mPenrith (North Lakes)
- 6.6kmLangwathby
- 10.0kmLazonby & Kirkoswald
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
