Temple Bank, Milnthorpe
Temple Bank, Milnthorpe
Description & Estimates
Temple Bank, Milnthorpe is recorded publicly as a period freehold house across 3,250 ft2 of internal area, sitting on a 2,728 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Temple Bank, Milnthorpe is £876,308 and its rental estimate is £2,438 per month, given the available information and assuming reasonable condition.
Beetham, Milnthorpe, LA7 falls within the LA7 postal district.
Our Data Sources
Temple Bank, Milnthorpe has 21 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated April 2018.
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.
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 Temple Bank, Milnthorpe, we estimate a market value of £920,123 and a rental value of £2,560 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £814,966 and £2,268 per month respectively.
Recent Market Change
Over the last year, Temple Bank, Milnthorpe has seen its estimated sale value move down by £5,151 (0.6%) and its estimated rental value increase by £72 per month (2.9%). This results in an estimated gross rental yield of 3.3%.
Plot Size
HM Land Registry records the plot of land for Temple Bank, Milnthorpe as measuring 2,728 m2.
That makes it the 2nd largest plot in the postcode, where 22 of the 33 other houses have recorded plot data.
Energy Efficiency
Temple Bank, Milnthorpe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Apr 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Temple Bank, Milnthorpe completed on 17th March 2020 at £725,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 14.3% over the period since March 2020.
- Sold Mar 2020£725,000
- Sold Mar 2004£485,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Temple Bank, Milnthorpe have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd July 2024, was Crosby Cottage, Milnthorpe, LA7 7DQ, a freehold house which sold for £1,000,000.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 44 addresses on Beetham, Milnthorpe, LA7, Temple Bank, Milnthorpe comes out as the 6th largest and the 3rd most expensive in our analysis of the public data.
It is also £506k more expensive than the average property across the LA7 district.
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Schools Nearby
- 300mBeetham CofE Primary School
- 1.8kmMilnthorpe Primary School
- 2.1kmStorth CofE School
- 2.2kmDallam School
- 9.3kmCarnforth High School
- 11.1kmQueen Elizabeth School
More reading links
Public Transport Nearby
From Temple Bank, Milnthorpe, the nearest station is Arnside, 3.5 kilometres away.
- 3.5kmArnside
- 4.8kmSilverdale
- 8.5kmGrange-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.
