According to the public record, Orchard View, Milnthorpe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,410 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Storth Road, Storth, Milnthorpe, LA7 is located in the borough of South Lakeland within the LA7 postal district.
Orchard View, Milnthorpe has 21 entries in the Land Registry database, most recently in June 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Orchard View Milnthorpe as £531,527 and the rental value as £1,618 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Orchard View Milnthorpe has decreased by £6,171 (1.2%) and its rental value has increased by £45 per month (2.8%).
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 Orchard View, Milnthorpe is in very good condition we estimate a sale value of £558,103 and rental value of £1,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £494,320 and a rental value of £1,505 per month.
If you were able to purchase this property for the estimated value of £531,527, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,612 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, Orchard View, Milnthorpe was last sold on 30 Jun 2006 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Orchard View, Milnthorpe within a radius of 187m over the last 2 years.
The most recent example is The Old School, Storth Road, Milnthorpe, LA7 7HY, a Freehold house which sold for £450,000 in May 2021.
Read more about house prices in LA7.
Storth Road, Storth, Milnthorpe, LA7 has a total of 66 addresses. According to our analysis of all the public data, Orchard View, Milnthorpe is the 25th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in LA7.
The closest station to Orchard View, Milnthorpe is Arnside station which is 2.0 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 Orchard View, Milnthorpe, 65.9% of property is privately owned outright and 27.8% 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 Orchard View, Milnthorpe, 13.7% of residents are recorded as possessing school level qualifications and 40.8% 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 Orchard View, Milnthorpe, the average age was 49.6 and the most common age was 72.
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 Orchard View, Milnthorpe, 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 Orchard View, Milnthorpe, 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.