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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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The Tower House, Penrith is recorded publicly as a period freehold house across 1,522 ft2 of internal area, sitting on a 1,209 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of The Tower House, Penrith is £197,915 and its rental estimate is £932 per month, given the available information and assuming reasonable condition.
Melmerby, Penrith, CA10 falls within the CA10 postal district.
The Tower House, Penrith has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated June 2009.
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.
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 The Tower House, Penrith, we estimate a market value of £207,811 and a rental value of £978 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,061 and £866 per month respectively.
Over the last year, The Tower House, Penrith has seen its estimated sale value decline by £2,138 (1.1%) and its estimated rental value climb by £25 per month (2.7%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for The Tower House, Penrith as measuring 1,209 m2.
That makes it the largest plot in the postcode, where 11 of the 13 other houses have recorded plot data.
The Tower House, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of The Tower House, Penrith completed on 10th December 2009 at £450,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 35.3% over the period since December 2009.
Over the past 2 years 2 properties similar to The Tower House, Penrith have sold within a radius of 7.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2016, was Guilders Garth Cottage, Church Road, Penrith, CA10 1HD, a freehold house which sold for £215,000.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 86 addresses on Melmerby, Penrith, CA10, The Tower House, Penrith comes out as the 28th largest and the 71st most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the CA10 district.
From The Tower House, Penrith, the nearest station is Langwathby, 5.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around The Tower House, Penrith, 54.0% of property is privately owned outright and 22.3% 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 The Tower House, Penrith, 15.2% of residents are recorded as possessing school level qualifications and 34.4% 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 The Tower House, 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 The Tower House, Penrith, 0.4% 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 The Tower House, Penrith, 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.
