Crag Close, Penrith
Crag Close, Penrith
Description & Estimates
Crag Close, Penrith is recorded publicly as a period freehold house across 1,711 ft2 of internal area, sitting on a 543 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Crag Close, Penrith is £875,166 and its rental estimate is £2,597 per month, given the available information and assuming reasonable condition.
Glenridding, Penrith, CA11 falls within the CA11 postal district.
Our Data Sources
Crag Close, Penrith has 31 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated October 2018.
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 Crag Close, Penrith, we estimate a market value of £918,925 and a rental value of £2,727 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £813,905 and £2,415 per month respectively.
Recent Market Change
Over the last year, Crag Close, Penrith has seen its estimated sale value decline by £9,454 (1.1%) and its estimated rental value climb by £69 per month (2.7%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for Crag Close, Penrith as measuring 543 m2.
That makes it the 7th largest plot in the postcode, where 12 of the 14 other houses have recorded plot data.
Energy Efficiency
Crag Close, Penrith has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Oct 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Crag Close, Penrith completed on 25th February 2019 at £740,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 19.4% over the period since February 2019.
- Sold Feb 2019£740,000
- Sold May 2008£718,750
- Sold Sep 1996£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Crag Close, Penrith have sold within a radius of 11.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2023, was Old Post Office, Penrith, CA11 0NW, a freehold house which sold for £500,000.
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 120 addresses on Glenridding, Penrith, CA11, Crag Close, Penrith comes out as the 43rd largest and the 17th most expensive in our analysis of the public data.
It is also £581k more expensive than the average property across the CA11 district.
More reading links
Schools Nearby
- 1.2kmPatterdale CofE Primary School
- 10.6kmGrasmere CofE Primary School
- 10.8kmThrelkeld CofE Primary School
- 14.5kmKeswick School
- 16.9kmThe Lakes School
- 17.9kmQueen Elizabeth Grammar School Penrith
More reading links
Public Transport Nearby
From Crag Close, Penrith, the nearest station is Penrith (North Lakes), 18.1 kilometres away.
- 18.1kmPenrith (North Lakes)
- 18.5kmWindermere
- 20.5kmStaveley (Cumbria)
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.
