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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, Melbourne House, Penrith is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 764 ft2 of internal area and sits on a 2,225 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Melbourne House, Penrith is £232,253 and the estimated rental value is £1,170 per month.
Thacka Lane, Penrith, CA11 is located within the CA11 postal district.
Melbourne House, Penrith has 21 entries in the Land Registry , most recently in March 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 2 out of 5 and is considered of medium 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 Melbourne House, Penrith is in very good condition we estimate a sale value of £243,866 and a rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,995 and a rental value of £1,088 per month.
Over the last 12 months the sale value of Melbourne House Penrith has increased by an estimated £1,176 (0.5%) and its rental value has increased by an estimated £52 per month (4.4%), giving an expected gross yield of 6%.
According to data from HM Land Registry, Melbourne House, Penrith sits on a plot of 2225m2.
We have plot size data on 5 out of 5 other houses in the postcode and Melbourne House, Penrith sits on the largest plot.
According to HM Land Registry, Melbourne House, Penrith was last sold on 27th March 2015 for £100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2015, the market for similar properties has risen 43.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melbourne House, Penrith within a radius of 970 metres over the last 2 years.
The most recent example is 9, Swindale Gardens, Penrith, CA11 9FL, a freehold house which sold for £235,195 on the 28th March 2025.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thacka Lane, Penrith, CA11 has a total of 15 addresses. According to our analysis of all the public data, Melbourne House, Penrith is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in CA11.
The closest station to Melbourne House, Penrith is Penrith (North Lakes) station which is 1.2 kilometres away.
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 Melbourne House, Penrith, 39.1% of property is privately owned outright and 28.3% 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 Melbourne House, Penrith, 20.4% of residents are recorded as possessing school level qualifications and 22.2% 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 Melbourne House, Penrith, the average age was 42.4 and the most common age was 52.
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 Melbourne House, 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 Melbourne House, Penrith, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
