According to the public record, 4, Harrison Street, Penrith is a period leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Harrison Street, Penrith, CA11 is located in the borough of Eden within the CA11 postal district.
4, Harrison Street, Penrith has 2 entries in the Land Registry database, most recently in September 2020 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 4 Harrison Street Penrith as £95,541 and the rental value as £633 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 4 Harrison Street Penrith has increased by £3,387 (3.5%) and its rental value has increased by £45 per month (7.2%).
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 4, Harrison Street, Penrith is in very good condition we estimate a sale value of £100,318 and rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,853 and a rental value of £589 per month.
If you were able to purchase this property for the estimated value of £95,541, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £470 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, 4, Harrison Street, Penrith was last sold on 25 Sep 2020 for £76,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Harrison Street, Penrith within a radius of 496m over the last 2 years.
The most recent example is Flat 2, Epworth House, Drovers Lane, Penrith, CA11 7QW, a Leasehold flat which sold for £90,000 in Dec 2021.
Read more about house prices in CA11.
Harrison Street, Penrith, CA11 has a total of 7 addresses. According to our analysis of all the public data, 4, Harrison Street, Penrith is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in CA11.
4, Harrison Street, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2020.
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 4, Harrison Street, Penrith is Penrith (North Lakes) station which is 800 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 4, Harrison Street, Penrith, 40.9% of property is privately rented and 20.5% is privately owned outright.
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 4, Harrison Street, Penrith, 19.9% of residents are recorded as possessing school level qualifications and 22.5% 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 4, Harrison Street, Penrith, the average age was 42.4 and the most common age was 52.
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 4, Harrison Street, Penrith, 0.7% 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 4, Harrison Street, Penrith, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.