Flat 3, Acorn House
Flat 3, Acorn House
Description & Estimates
Flat 3, Acorn House, Penrith appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 731 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Acorn House, Penrith is £141,366 and its rental estimate is £775 per month, given the available information and assuming reasonable condition.
Acorn House, Oak Road is a residential building on Oak Road, Penrith, CA11 and falls within the CA11 postal district.
Our Data Sources
Flat 3, Acorn House, Penrith has 2 entries in the Land Registry , most recently in December 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 3, Acorn House, Penrith, we estimate a market value of £148,434 and a rental value of £814 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £131,470 and £721 per month respectively.
Recent Market Change
Over the last year, Flat 3, Acorn House, Penrith has seen its estimated sale value decline by £1,062 (0.8%) and its estimated rental value climb by £27 per month (3.4%). This results in an estimated gross rental yield of 6.6%.
Sold Prices
The most recent sale of Flat 3, Acorn House, Penrith completed on 21st December 2015 at £135,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 42.5% over the period since December 2015.
- Sold Dec 2015£135,000
- Sold Jan 2010£107,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Acorn House, Penrith have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2024, was Flat 2, Acorn House, Oak Road, Penrith, CA11 8TS, a leasehold flat which sold for £142,000.
Read more about house prices in CA11.
- Sold Aug 2024£142,000 | 2 Bed FlatAcorn House, Oak RoadFlat 2, Acorn House, Oak Road, Penrith, CA11 8TS
- Sold Apr 2024£135,000 | 2 Bed FlatAcorn House, Oak RoadFlat 4, Acorn House, Oak Road, Penrith, CA11 8TS
- Sold Mar 2024£140,000 | 2 Bed FlatAcorn House, Oak RoadFlat 1, Acorn House, Oak Road, Penrith, CA11 8TS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 24 addresses on Oak Road, Penrith, CA11, Flat 3, Acorn House, Penrith comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £153k less expensive than the average property across the CA11 district.
More reading links
Schools Nearby
- 800mBeaconside CofE Primary School
- 1.3kmNorth Lakes School
- 1.4kmBrunswick School
- 1.0kmUllswater Community College
- 1.6kmQueen Elizabeth Grammar School Penrith
- 17.7kmAppleby Grammar School
More reading links
Public Transport Nearby
From Flat 3, Acorn House, Penrith, the nearest station is Penrith (North Lakes), 1.5 kilometres away.
- 1.5kmPenrith (North Lakes)
- 5.7kmLangwathby
- 9.9kmLazonby & Kirkoswald
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.
