According to the public record, 44B, Rowcliffe Lane, Penrith is a modern leasehold apartment and with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Rowcliffe Lane, Penrith, CA11 is located in the borough of Eden within the CA11 postal district.
44B, Rowcliffe Lane, Penrith has a single entry in the Land Registry database from May 2016 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 44B Rowcliffe Lane Penrith as £124,289 and the rental value as £702 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 44B Rowcliffe Lane Penrith has increased by £4,770 (3.8%) and its rental value has increased by £53 per month (7.5%).
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 44B, Rowcliffe Lane, Penrith is in very good condition we estimate a sale value of £130,504 and rental value of £737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,589 and a rental value of £653 per month.
If you were able to purchase this property for the estimated value of £124,289, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £611 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, 44B, Rowcliffe Lane, Penrith was last sold on 20 May 2016 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 31.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44B, Rowcliffe Lane, Penrith within a radius of 71m over the last 2 years.
The most recent example is 2 Tournament House, Bowling Green Lane, Penrith, CA11 7GP, a Leasehold flat which sold for £119,000 in Sep 2022.
Read more about house prices in CA11.
Rowcliffe Lane, Penrith, CA11 has a total of 15 addresses. According to our analysis of all the public data, 44B, Rowcliffe Lane, Penrith is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in CA11.
44B, Rowcliffe Lane, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2012.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 44B, Rowcliffe Lane, Penrith is Penrith (North Lakes) station which is 500 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 44B, Rowcliffe Lane, Penrith, 43.5% of property is privately rented and 24.5% is socially rented.
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 44B, Rowcliffe Lane, Penrith, 6.4% of residents are recorded as possessing school level qualifications and 23.5% 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 44B, Rowcliffe Lane, 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 44B, Rowcliffe Lane, Penrith, 0.3% 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 44B, Rowcliffe Lane, Penrith, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.