According to the public record, 2, New Street, Sedbergh is a period leasehold apartment with 754 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 2, New Street, Sedbergh, LA10.
New Street, Sedbergh, LA10 is located in the borough of South Lakeland within the LA10 postal district.
2, New Street, Sedbergh has a single entry in the Land Registry database from October 2013 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 New Street Sedbergh as £130,433 and the rental value as £699 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 New Street Sedbergh has increased by £3,100 (2.4%) and its rental value has increased by £43 per month (6.1%).
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 2, New Street, Sedbergh is in very good condition we estimate a sale value of £136,955 and rental value of £734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,303 and a rental value of £650 per month.
If you were able to purchase this property for the estimated value of £130,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £641 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 2, New Street, Sedbergh was last sold on 31 Oct 2013 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2013, the market for similar properties has risen 32.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, New Street, Sedbergh within a radius of 8.6 kilometres over the last 2 years.
The most recent example is 17, Castlegarth, Sedbergh, LA10 5AN, a Leasehold flat which sold for £105,000 in Jan 2022.
Read more about house prices in LA10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Street, Sedbergh, LA10 has a total of 13 addresses. According to our analysis of all the public data, 2, New Street, Sedbergh is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in LA10.
2, New Street, Sedbergh has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jun 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, New Street, Sedbergh is Dent station which is 11.4 kilometres away.
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 2, New Street, Sedbergh, 56.8% of property is privately owned outright and 22.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 2, New Street, Sedbergh, 14.5% of residents are recorded as possessing school level qualifications and 37.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, New Street, Sedbergh, the average age was 46.8 and the most common age was 17.
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 2, New Street, Sedbergh, 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 2, New Street, Sedbergh, 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.