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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 3C, West Lane, Penrith is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 3C, West Lane, Penrith is £79,537 and the estimated rental value is £562 per month.
The apartment is within 3, West Lane, Penrith, CA11.
West Lane, Penrith, CA11 is located within the CA11 postal district.
3C, West Lane, Penrith has 3 entries in the Land Registry , most recently in November 2018 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 2 out of 5 and is considered of medium 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 3C, West Lane, Penrith is in very good condition we estimate a sale value of £83,514 and a rental value of £590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,970 and a rental value of £522 per month.
Over the last 12 months the sale value of 3C West Lane Penrith has decreased by an estimated £497 (0.6%) and its rental value has increased by an estimated £20 per month (3.6%), giving an expected gross yield of 8.5%.
3C, West Lane, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3C, West Lane, Penrith was last sold on 21st November 2018 for £72,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2018, the market for similar properties has dropped 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3C, West Lane, Penrith within a radius of 490 metres over the last 2 years.
The most recent example is 3D, Castlegate, Penrith, CA11 7HZ, a leasehold flat which sold for £95,000 on the 19th January 2018.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Lane, Penrith, CA11 has a total of 33 addresses. According to our analysis of all the public data, 3C, West Lane, Penrith is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in CA11.
The closest station to 3C, West Lane, Penrith is Penrith (North Lakes) station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3C, West Lane, Penrith, 43.5% of property is privately rented and 24.5% is socially rented.
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 3C, West Lane, Penrith, 6.4% of residents are recorded as possessing school level qualifications and 23.5% 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 3C, West Lane, Penrith, the average age was 42.4 and the most common age was 52.
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 3C, West Lane, Penrith, 0.3% 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 3C, West Lane, Penrith, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
