According to the public record, 38, Macadam Gardens, Penrith is a modern freehold house and with 635 ft2 of internal area and sits on a 96.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Macadam Gardens, Penrith, CA11 is located in the borough of Eden within the CA11 postal district.
38, Macadam Gardens, Penrith has 31 entries in the Land Registry database, most recently in March 2024 and no records in the EPC database.
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 38 Macadam Gardens Penrith as £202,948 and the rental value as £921 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 38 Macadam Gardens Penrith has increased by £7,474 (3.7%) and its rental value has increased by £67 per month (7.3%).
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 38, Macadam Gardens, Penrith is in very good condition we estimate a sale value of £213,096 and rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,742 and a rental value of £856 per month.
If you were able to purchase this property for the estimated value of £202,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £997 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 data from HM Land Registry, 38, Macadam Gardens, Penrith sits on a plot of 96m2.
We have plot size data on 28 out of 49 other houses in the postcode and 38, Macadam Gardens, Penrith sits on the 28th largest plot.
According to HM Land Registry, 38, Macadam Gardens, Penrith was last sold on 27 Mar 2024 for £137,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2024, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Macadam Gardens, Penrith within a radius of 138m over the last 2 years.
The most recent example is 7, Cambridge Drive, Penrith, CA11 9GZ, a Freehold house which sold for £165,000 in Feb 2023.
Read more about house prices in CA11.
Macadam Gardens, Penrith, CA11 has a total of 50 addresses. According to our analysis of all the public data, 38, Macadam Gardens, Penrith is the 45th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in CA11.
38, Macadam Gardens, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Macadam Gardens, Penrith is Penrith (North Lakes) station which is 900 m 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 38, Macadam Gardens, Penrith, 43.3% of property is privately owned outright and 26.0% 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 38, Macadam Gardens, Penrith, 12.3% of residents are recorded as possessing school level qualifications and 28.6% 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 38, Macadam Gardens, Penrith, the average age was 46.4 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 38, Macadam Gardens, Penrith, 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 38, Macadam Gardens, Penrith, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.