Flat 1, Wreay Mansion
Flat 1, Wreay Mansion
Description & Estimates
According to the public record, Flat 1, Wreay Mansion, Penrith is a period leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Wreay Mansion, Penrith is £333,276 and the estimated rental value is £1,494 per month.
The apartment is within Wreay Mansion, Watermillock, Penrith, CA11.
Watermillock, Penrith, CA11 is located within the CA11 postal district.
Our Data Sources
Flat 1, Wreay Mansion, Penrith has 21 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated July 2019.
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
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 Flat 1, Wreay Mansion, Penrith is in very good condition we estimate a sale value of £349,940 and a rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,947 and a rental value of £1,389 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Wreay Mansion, Penrith has moved down by £2,504 (0.8%), while its estimated rental value has increased by £51 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
Flat 1, Wreay Mansion, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jul 2019.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 1, Wreay Mansion, Penrith was last sold on 27th January 2020 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2020, the market for similar properties has dropped by 41.6%.
- Sold Jan 2020£280,000
- Sold Aug 2003£180,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, Wreay Mansion, Penrith within a radius of 7.1 kilometres over the last 2 years.
The most recent example is Flat 8, Wreay Mansion, Penrith, CA11 0LT, a leasehold flat which sold for £260,000 on the 9th November 2020.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Watermillock, Penrith, CA11 has a total of 145 addresses. According to our analysis of all the public data, Flat 1, Wreay Mansion, Penrith is the 124th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in CA11.
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Schools Nearby
- 4.1kmPenruddock Primary School
- 5.9kmStainton CofE Primary School
- 6.9kmGreystoke Primary School
- 9.1kmQueen Elizabeth Grammar School Penrith
- 9.5kmUllswater Community College
- 18.1kmKeswick School
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Public Transport Nearby
The closest station to Flat 1, Wreay Mansion, Penrith is Penrith (North Lakes) station, which is 9.2 kilometres away.
- 9.2kmPenrith (North Lakes)
- 16.2kmLangwathby
- 19.1kmLazonby & Kirkoswald
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
