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According to the public record, 3D, Castlegate, Penrith is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 3D, Castlegate, Penrith is £113,478 and the estimated rental value is £658 per month.
The apartment is within 3, Castlegate, Penrith, CA11.
Castlegate, Penrith, CA11 is located within the CA11 postal district.
3D, Castlegate, Penrith has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 3D, Castlegate, Penrith is in very good condition we estimate a sale value of £119,152 and a rental value of £691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,535 and a rental value of £612 per month.
Over the last 12 months the sale value of 3D Castlegate Penrith has decreased by an estimated £332 (0.3%) and its rental value has increased by an estimated £25 per month (3.9%), giving an expected gross yield of 7%.
3D, Castlegate, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3D, Castlegate, Penrith was last sold on 19th January 2018 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3D, Castlegate, Penrith within a radius of 470 metres over the last 2 years.
The most recent example is 20, Devonshire Street, Penrith, CA11 7SU, a leasehold flat which sold for £245,000 on the 27th November 2019.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlegate, Penrith, CA11 has a total of 85 addresses. According to our analysis of all the public data, 3D, Castlegate, Penrith is the 82nd largest and the 48th 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 3D, Castlegate, Penrith is Penrith (North Lakes) station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 3D, Castlegate, 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 3D, Castlegate, 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 3D, Castlegate, 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 3D, Castlegate, 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 3D, Castlegate, 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.
