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According to the public record, Cherry Garth, Milnthorpe is a early-century freehold house with 1,937 ft2 of internal area and sits on a 887 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Cherry Garth, Milnthorpe is £517,605 and the estimated rental value is £1,747 per month.
Heversham, Milnthorpe, LA7 is located within the LA7 postal district.
Cherry Garth, Milnthorpe has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated July 2013.
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.
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 Cherry Garth, Milnthorpe is in very good condition we estimate a sale value of £543,485 and a rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,373 and a rental value of £1,625 per month.
Over the last 12 months the sale value of Cherry Garth Milnthorpe has decreased by an estimated £3,235 (0.6%) and its rental value has increased by an estimated £51 per month (2.9%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, Cherry Garth, Milnthorpe sits on a plot of 887m2.
We have plot size data on 4 out of 4 other houses in the postcode and Cherry Garth, Milnthorpe sits on the 4th largest plot.
Cherry Garth, Milnthorpe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jul 2013.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Cherry Garth, Milnthorpe was last sold on 16th January 2014 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2014, the market for similar properties has risen 43.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Garth, Milnthorpe within a radius of 3.2 kilometres over the last 2 years.
The most recent example is Sundown, Milnthorpe, LA7 7EQ, a freehold house which sold for £450,000 on the 23rd June 2021.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heversham, Milnthorpe, LA7 has a total of 86 addresses. According to our analysis of all the public data, Cherry Garth, Milnthorpe is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in LA7.
The closest station to Cherry Garth, Milnthorpe is Arnside station which is 5.7 kilometres away.
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 Cherry Garth, Milnthorpe, 52.1% of property is privately owned outright and 24.3% 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 Cherry Garth, Milnthorpe, 13.3% of residents are recorded as possessing school level qualifications and 48.4% 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 Cherry Garth, Milnthorpe, the average age was 48.9 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 Cherry Garth, Milnthorpe, 3.3% 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 Cherry Garth, Milnthorpe, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.