Apartment 2, 5
Apartment 2, 5
Description & Estimates
Apartment 2, 5, Tulip Gardens, Penrith is described in the public record as a modern apartment with 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 2, 5, Tulip Gardens, Penrith is £130,222 and its rental estimate is £765 per month, given the available information and assuming reasonable condition.
5, Tulip Gardens is a residential building on Tulip Gardens, Penrith, CA11 and falls within the CA11 postal district.
Our Data Sources
Apartment 2, 5, Tulip Gardens, Penrith has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
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, 5, Tulip Gardens, Penrith, we estimate a market value of £136,733 and a rental value of £803 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £121,106 and £711 per month respectively.
Recent Market Change
Over the last year, Apartment 2, 5, Tulip Gardens, Penrith has seen its estimated sale value decrease by £978 (0.8%) and its estimated rental value grow by £26 per month (3.4%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Apartment 2, 5, Tulip Gardens, Penrith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 2, 5, Tulip Gardens, Penrith have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2024, was Flat 2, Acorn House, Oak Road, Penrith, CA11 8TS, a leasehold flat which sold for £142,000.
Read more about house prices in CA11.
- Sold Aug 2024£142,000 | 2 Bed FlatAcorn House, Oak RoadFlat 2, Acorn House, Oak Road, Penrith, CA11 8TS
- Sold Apr 2024£135,000 | 2 Bed FlatAcorn House, Oak RoadFlat 4, Acorn House, Oak Road, Penrith, CA11 8TS
- Sold Mar 2024£140,000 | 2 Bed FlatAcorn House, Oak RoadFlat 1, Acorn House, Oak Road, Penrith, CA11 8TS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 122 addresses on Tulip Gardens, Penrith, CA11, Apartment 2, 5, Tulip Gardens, Penrith comes out as the 109th largest and the 106th most expensive in our analysis of the public data.
It is also £164k less expensive than the average property across the CA11 district.
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Schools Nearby
- 900mBeaconside CofE Primary School
- 1.7kmBrunswick School
- 1.8kmSt Catherine's Catholic Primary School, Penrith
- 1.5kmUllswater Community College
- 2.0kmQueen Elizabeth Grammar School Penrith
- 17.6kmAppleby Grammar School
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Public Transport Nearby
From Apartment 2, 5, Tulip Gardens, Penrith, the nearest station is Penrith (North Lakes), 1.9 kilometres away.
- 1.9kmPenrith (North Lakes)
- 5.3kmLangwathby
- 9.6kmLazonby & Kirkoswald
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
