Be the first Estate
Agent here!
Spring Bank is a residential street with 2 addresses.
It ranks as the 49th largest and 522nd most expensive of the 799 streets in the CA11 area.
The street contains a total of 2 properties: 2 houses.
Spring Bank is a residential street with 2 addresses.
It ranks as the 49th largest and 522nd most expensive of the 799 streets in the CA11 area.
The street contains a total of 2 properties: 2 houses.
Sale prices range from £315,324 for 4 bedroom freehold houses with a garden (1,431 ft2) to £385,679 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £1,325 pcm for 4 bed houses to £1,404 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 5.0%.
The average value per square foot is £245.
The last sale on Spring Bank sold for £130,000 on 18th September 2003. Since then prices are down an average of 0.0%.
The current average value in the street is £350,502.
The Spring Bank Sales Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £350,502 |
| April 2025 | -1.5% | £355,316 |
| April 2024 | 0.1% | £360,561 |
| April 2023 | 4.5% | £360,238 |
| April 2022 | 11.8% | £344,762 |
| April 2021 | 3.7% | £308,464 |
| April 2020 | 6% | £297,572 |
| April 2019 | -3.5% | £280,832 |
| April 2018 | 5.2% | £291,163 |
| April 2017 | 4.2% | £276,775 |
| April 2016 | 0.4% | £265,606 |
| April 2015 | 3.8% | £264,580 |
| April 2014 | -0.4% | £254,920 |
| April 2013 | 4.5% | £256,002 |
| April 2012 | -1.6% | £244,955 |
| April 2011 | -0.9% | £248,943 |
| April 2010 | 0.6% | £251,133 |
| April 2009 | -3.8% | £249,729 |
| April 2008 | 3.3% | £259,679 |
| April 2007 | 0% | £251,451 |
The current average rental value in the street is £1,364.
The Spring Bank Rental Market has increased by 50.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,364pcm |
| April 2025 | 9.7% | £1,328pcm |
| April 2024 | 5.7% | £1,210pcm |
| April 2023 | 9.7% | £1,145pcm |
| April 2022 | 7% | £1,043pcm |
| April 2021 | 3.9% | £975pcm |
| April 2020 | 1.1% | £939pcm |
| April 2019 | 1.1% | £929pcm |
| April 2018 | 0.1% | £918pcm |
| April 2017 | 1.2% | £917pcm |
| April 2016 | 4.5% | £906pcm |
| April 2015 | -0.1% | £868pcm |
| April 2014 | 2% | £869pcm |
| April 2013 | 0.8% | £852pcm |
| April 2012 | 1.7% | £845pcm |
| April 2011 | -0.8% | £831pcm |
| April 2010 | 5% | £837pcm |
| April 2009 | -0.9% | £797pcm |
| April 2008 | 6.5% | £804pcm |
| April 2007 | 0% | £755pcm |
The last sale was on 18th September 2003 for £130,000 and since then the market in the area has remained stable. The street has had a total of 1 sales since 1995.
Spring Bank, Penrith, CA11 has seen no sales in the last three years and no sales in the last twelve months.
Spring Bank, Penrith, CA11 is the 49th largest and the 522nd most expensive street in the CA11 area.
There is 1 postcode on Spring Bank, Penrith, CA11.
The closest station to Spring Bank, Penrith, CA11 is Penrith (North Lakes) station which is 1.1 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Spring Bank, Penrith, CA11, 60.0% of property is privately owned outright and 27.2% is privately owned with a mortgage.
The graph below shows how this compares to North West 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 Spring Bank, Penrith, CA11, 13.0% of residents are recorded as possessing school level qualifications and 44.2% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Spring Bank, Penrith, CA11, 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 Spring Bank, Penrith, CA11, 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 Spring Bank, Penrith, CA11, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.