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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
According to the public record, Forge Mill, Penrith is a period house with 1,679 ft2 of internal area and sits on a 1,052 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Forge Mill, Penrith is £481,562 and the estimated rental value is £1,424 per month.
Dockray, Penrith, CA11 is located within the CA11 postal district.
Forge Mill, Penrith has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data 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 Forge Mill, Penrith is in very good condition we estimate a sale value of £505,640 and a rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,852 and a rental value of £1,325 per month.
Over the last 12 months the sale value of Forge Mill Penrith has decreased by an estimated £5,112 (1.1%) and its rental value has increased by an estimated £44 per month (3.1%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, Forge Mill, Penrith sits on a plot of 1052m2.
We have plot size data on 18 out of 24 other houses in the postcode and Forge Mill, Penrith sits on the 8th largest plot.
Forge Mill, Penrith has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Sep 2022.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, LPG.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Forge Mill, Penrith within a radius of 10.7 kilometres over the last 2 years.
The most recent example is Laburnum Cottage, Penrith, CA11 0JY, a freehold house which sold for £500,000 on the 21st June 2021.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dockray, Penrith, CA11 has a total of 38 addresses. According to our analysis of all the public data, Forge Mill, Penrith is the 21st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in CA11.
The closest station to Forge Mill, Penrith is Penrith (North Lakes) station which is 14.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Forge Mill, Penrith, 61.1% of property is privately owned outright and 26.9% is privately owned with a mortgage.
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 Forge Mill, Penrith, 19.1% of residents are recorded as possessing school level qualifications and 46.6% 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 Forge Mill, 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 Forge Mill, Penrith, 1.1% 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 Forge Mill, Penrith, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
