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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, Nook Cottage, Penrith is a period Leasehold apartment with 505 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 Nook Cottage, Penrith is £259,931 and the estimated rental value is £1,357 per month.
The apartment is within Nook Cottage, Langwathby, Penrith, CA10.
Langwathby, Penrith, CA10 is located within the CA10 postal district.
Nook Cottage, Penrith has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated May 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 Nook Cottage, Penrith is in very good condition we estimate a sale value of £272,927 and a rental value of £1,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,736 and a rental value of £1,262 per month.
Over the last 12 months the sale value of Nook Cottage Penrith has decreased by an estimated £1,953 (0.8%) and its rental value has increased by an estimated £47 per month (3.4%), giving an expected gross yield of 6.3%.
Nook Cottage, Penrith has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Nook Cottage, Penrith was last sold on 26th June 2023 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5.4 kilometres radius of Nook Cottage, Penrith over the last 2 years.
The most recent example is Aumic, Penrith, CA10 1NB, a freehold house which sold for £210,000 on the 9th November 2020.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langwathby, Penrith, CA10 has a total of 128 addresses. According to our analysis of all the public data, Nook Cottage, Penrith is the 127th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in CA10.
The closest station to Nook Cottage, Penrith is Langwathby station which is 300 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Nook Cottage, Penrith, 49.4% of property is privately owned outright and 25.6% 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 Nook Cottage, Penrith, 19.8% of residents are recorded as possessing school level qualifications and 39.0% 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 Nook Cottage, Penrith, the average age was 47.5 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 Nook Cottage, Penrith, 0.6% 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 Nook Cottage, Penrith, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
