Flat 5, Wreay Mansion
Flat 5, Wreay Mansion
Description & Estimates
Public records show Flat 5, Wreay Mansion, Penrith to be a period leasehold apartment with 914 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 5, Wreay Mansion, Penrith has an estimated sale value of £362,839 and an estimated rental value of £1,580 per month, assuming reasonable condition and based on the information available.
The apartment sits within Wreay Mansion, Watermillock, Penrith, CA11.
Watermillock, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
Flat 5, Wreay Mansion, Penrith has 21 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated October 2016.
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
In very good condition, we estimate Flat 5, Wreay Mansion, Penrith would be worth £380,981, with a potential rental value of £1,659 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £337,440, with a rental value of £1,470 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, Wreay Mansion, Penrith has moved down by £3,143 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £51 (3.2%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
Flat 5, Wreay Mansion, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Oct 2016.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Sold Prices
Flat 5, Wreay Mansion, Penrith last changed hands on 4th February 2019, selling for £285,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 42.3% since February 2019.
- Sold Feb 2019£285,000
- Sold Dec 2002£70,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 7.1 kilometres of Flat 5, Wreay Mansion, Penrith across the last 2 years.
Most recently, Flat 1, Wreay Mansion, Penrith, CA11 0LT, a leasehold flat, sold at £280,000 on the 27th January 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
Our analysis of the public data ranks Flat 5, Wreay Mansion, Penrith as the 116th largest and the 110th most expensive of the 145 addresses on Watermillock, Penrith, CA11.
Against the CA11 postcode district average, it is £69k more expensive than the typical property.
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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
More reading links
Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to Flat 5, Wreay Mansion, Penrith at 9.2 kilometres away.
- 9.2kmPenrith (North Lakes)
- 16.2kmLangwathby
- 19.1kmLazonby & Kirkoswald
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
