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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 Silver Stone, Milnthorpe is £545,700 and the estimated rental value is £1,883 per month.
Hincaster, Milnthorpe, LA7 is located within the LA7 postal district.
Silver Stone, Milnthorpe has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
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 Silver Stone, Milnthorpe is in very good condition we estimate a sale value of £572,985 and a rental value of £1,978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £507,501 and a rental value of £1,752 per month.
Over the last 12 months the sale value of Silver Stone Milnthorpe has decreased by an estimated £3,208 (0.6%) and its rental value has increased by an estimated £56 per month (2.9%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, Silver Stone, Milnthorpe sits on a plot of 815m2.
We have plot size data on 5 out of 11 other houses in the postcode and Silver Stone, Milnthorpe sits on the 4th largest plot.
Silver Stone, Milnthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Silver Stone, Milnthorpe within a radius of 3.2 kilometres over the last 2 years.
The most recent example is The Barn, Willowsway Country Estate, Kendal, LA8 0LE, a freehold house which sold for £435,500 on the 10th June 2021.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hincaster, Milnthorpe, LA7 has a total of 88 addresses. According to our analysis of all the public data, Silver Stone, Milnthorpe is the 11th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in LA7.
The closest station to Silver Stone, Milnthorpe is Oxenholme Lake District station which is 5.7 kilometres away.
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 Silver Stone, Milnthorpe, 46.2% of property is privately owned outright and 32.3% 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 Silver Stone, Milnthorpe, 12.8% of residents are recorded as possessing school level qualifications and 49.2% 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 Silver Stone, Milnthorpe, the average age was 48.9 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 Silver Stone, Milnthorpe, 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 Silver Stone, Milnthorpe, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.