According to the public record, Leather Lane, Penrith is a modern freehold house and with 1,528 ft2 of internal area and sits on a 858 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sleagill, Penrith, CA10 is located in the borough of Eden within the CA10 postal district.
Leather Lane, Penrith has a single entry in the Land Registry database from October 2018 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 Leather Lane Penrith as £517,889 and the rental value as £1,289 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Leather Lane Penrith has increased by £5,057 (1.0%) and its rental value has increased by £56 per month (4.3%).
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 Leather Lane, Penrith is in very good condition we estimate a sale value of £543,783 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,636 and a rental value of £1,198 per month.
If you were able to purchase this property for the estimated value of £517,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,545 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, Leather Lane, Penrith sits on a plot of 858m2.
We have plot size data on 18 out of 42 other houses in the postcode and Leather Lane, Penrith sits on the 7th largest plot.
According to HM Land Registry, Leather Lane, Penrith was last sold on 01 Oct 2018 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Leather Lane, Penrith within a radius of 2.2km over the last 2 years.
The most recent example is 1, Newby Head, Penrith, CA10 3EU, a Freehold house which sold for £405,000 in Jan 2022.
Read more about house prices in CA10.
Sleagill, Penrith, CA10 has a total of 42 addresses. According to our analysis of all the public data, Leather Lane, Penrith is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in CA10.
Leather Lane, Penrith has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Leather Lane, Penrith is Appleby station which is 9.3 km 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 Leather Lane, Penrith, 65.8% of property is privately owned outright and 16.7% 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 Leather Lane, Penrith, 13.8% of residents are recorded as possessing school level qualifications and 39.5% 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 Leather Lane, Penrith, the average age was 47.1 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 Leather Lane, 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 Leather Lane, 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.