Pear Tree Cottage, Milnthorpe
Pear Tree Cottage, Milnthorpe
Description & Estimates
Pear Tree Cottage, Milnthorpe is recorded publicly as a modern freehold house across 430 ft2 of internal area, sitting on a 138 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Pear Tree Cottage, Milnthorpe is £176,691 and its rental estimate is £949 per month, given the available information and assuming reasonable condition.
The Square, Milnthorpe, LA7 falls within the LA7 postal district.
Our Data Sources
Pear Tree Cottage, Milnthorpe has 3 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Pear Tree Cottage, Milnthorpe, we estimate a market value of £185,526 and a rental value of £997 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,323 and £883 per month respectively.
Recent Market Change
Over the last year, Pear Tree Cottage, Milnthorpe has seen its estimated sale value move up by £870 (0.5%) and its estimated rental value increase by £39 per month (4.1%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for Pear Tree Cottage, Milnthorpe as measuring 138 m2.
That makes it the 13th largest plot in the postcode, where 11 of the 17 other houses have recorded plot data.
Energy Efficiency
Pear Tree Cottage, Milnthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Pear Tree Cottage, Milnthorpe completed on 17th September 2021 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 33.1% over the period since September 2021.
- Sold Sep 2021£170,000
- Sold Jun 2020£150,000
- Sold Jun 2009£127,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Pear Tree Cottage, Milnthorpe have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2022, was 11, St. Anthonys Hill, Milnthorpe, LA7 7DU, a freehold house which sold for £204,000.
Read more about house prices in LA7.
- Sold Nov 2022£204,000 | 2 Bed House11, St. Anthonys Hill, Milnthorpe, LA7 7DU11, St. Anthonys Hill, Milnthorpe, LA7 7DU
- Sold Oct 2020£154,000 | 2 Bed House8A, Harmony Hill, Milnthorpe, LA7 7QA8A, Harmony Hill, Milnthorpe, LA7 7QA
- Sold May 2018£152,500 | 2 Bed House2, St. Anthonys Hill, Milnthorpe, LA7 7DU2, St. Anthonys Hill, Milnthorpe, LA7 7DU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on The Square, Milnthorpe, LA7, Pear Tree Cottage, Milnthorpe comes out as the 25th largest and the 21st most expensive in our analysis of the public data.
It is also £194k less expensive than the average property across the LA7 district.
More reading links
Schools Nearby
- 200mMilnthorpe Primary School
- 2.1kmBeetham CofE Primary School
- 2.6kmStorth CofE School
- 300mDallam School
- 10.3kmKirkbie Kendal School
- 11.2kmCarnforth High School
More reading links
Public Transport Nearby
From Pear Tree Cottage, Milnthorpe, the nearest station is Arnside, 4.5 kilometres away.
- 4.5kmArnside
- 6.6kmSilverdale
- 9.2kmGrange-over-Sands
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
