Flat 3, Wreay Mansion
Flat 3, Wreay Mansion
Description & Estimates
According to the public record, Flat 3, Wreay Mansion, Penrith is a period leasehold apartment with 484 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 3, Wreay Mansion, Penrith is £248,196 and the estimated rental value is £1,297 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 3, Wreay Mansion, Penrith has 21 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated March 2024.
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 3, Wreay Mansion, Penrith is in very good condition we estimate a sale value of £260,605 and a rental value of £1,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,822 and a rental value of £1,206 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Wreay Mansion, Penrith has moved down by £1,865 (0.8%), while its estimated rental value has increased by £45 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 3, Wreay Mansion, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2024.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Flat 3, Wreay Mansion, Penrith was last sold on 21st July 2020 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2020, the market for similar properties has dropped by 42.4%.
- Sold Jul 2020£275,000
- Sold Nov 2003£149,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to Flat 3, Wreay Mansion, Penrith within a radius of 7.1 kilometres over the last 2 years.
The most recent example is Flat 1A, Wreay Mansion, Penrith, CA11 0LT, a leasehold flat which sold for £200,000 on the 17th July 2019.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Watermillock, Penrith, CA11 has a total of 145 addresses. According to our analysis of all the public data, Flat 3, Wreay Mansion, Penrith is the 140th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in CA11.
More reading links
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
More reading links
Public Transport Nearby
The closest station to Flat 3, 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.
