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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, Merridene, Penrith is a period freehold house with 2,228 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Merridene, Penrith is £407,849 and the estimated rental value is £1,713 per month.
Station Road, Shap, Penrith, CA10 is located within the CA10 postal district.
Merridene, Penrith has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated April 2022.
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.
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 Merridene, Penrith is in very good condition we estimate a sale value of £428,241 and a rental value of £1,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,299 and a rental value of £1,593 per month.
Over the last 12 months the sale value of Merridene Penrith has decreased by an estimated £7,649 (1.9%) and its rental value has increased by an estimated £33 per month (1.9%), giving an expected gross yield of 5%.
Merridene, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Merridene, Penrith was last sold on 16th November 2022 for £402,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Merridene, Penrith within a radius of 9.2 kilometres over the last 2 years.
The most recent example is 1, The Lynchetts, Penrith, CA10 3LR, a freehold house which sold for £390,000 on the 9th January 2023.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Shap, Penrith, CA10 has a total of 14 addresses. According to our analysis of all the public data, Merridene, Penrith is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in CA10.
The closest station to Merridene, Penrith is Appleby station which is 13.5 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 Merridene, Penrith, 48.9% of property is privately owned outright and 29.6% 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 Merridene, Penrith, 18.2% of residents are recorded as possessing school level qualifications and 15.5% 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 Merridene, Penrith, the average age was 47.1 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 Merridene, 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 Merridene, Penrith, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
