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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
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According to the public record, Flat 2, Wreay Mansion, Penrith is a period leasehold apartment with 1,304 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Wreay Mansion, Penrith is £445,218 and the estimated rental value is £1,583 per month.
The apartment is within Wreay Mansion, Watermillock, Penrith, CA11.
Watermillock, Penrith, CA11 is located within the CA11 postal district.
Flat 2, Wreay Mansion, Penrith has 31 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated September 2011.
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 Flat 2, Wreay Mansion, Penrith is in very good condition we estimate a sale value of £467,478 and a rental value of £1,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,052 and a rental value of £1,472 per month.
Over the last 12 months the sale value of Flat 2 Wreay Mansion Penrith has increased by an estimated £343 (0.1%) and its rental value has increased by an estimated £65 per month (4.1%), giving an expected gross yield of 4.3%.
Flat 2, Wreay Mansion, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Sep 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Flat 2, Wreay Mansion, Penrith was last sold on 27th July 2018 for £725,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2018, the market for similar properties has dropped 52.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 7.1 kilometres radius of Flat 2, Wreay Mansion, Penrith 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.
Watermillock, Penrith, CA11 has a total of 145 addresses. According to our analysis of all the public data, Flat 2, Wreay Mansion, Penrith is the 85th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in CA11.
The closest station to Flat 2, Wreay Mansion, Penrith is Penrith (North Lakes) station which is 9.2 kilometres 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 Flat 2, Wreay Mansion, Penrith, 53.7% of property is privately owned outright and 32.8% is privately 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 Flat 2, Wreay Mansion, Penrith, 8.0% of residents are recorded as possessing school level qualifications and 42.8% 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 Flat 2, Wreay Mansion, Penrith, the average age was 48.6 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 Flat 2, Wreay Mansion, Penrith, 0.0% 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 Flat 2, Wreay Mansion, Penrith, 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.
