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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Railway Tavern, Castlegate, Penrith is £118,369 and the estimated rental value is £704 per month.
The apartment is within 2, Castlegate, Penrith, CA11.
Castlegate, Penrith, CA11 is located within the CA11 postal district.
2 Railway Tavern, Castlegate, Penrith has 3 entries in the Land Registry , most recently in June 2026 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2 Railway Tavern, Castlegate, Penrith is in very good condition we estimate a sale value of £124,287 and a rental value of £739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,083 and a rental value of £654 per month.
Over the last 12 months the sale value of 2 Railway Tavern Castlegate Penrith has decreased by an estimated £1,301 (1.1%) and its rental value has increased by an estimated £23 per month (3.2%), giving an expected gross yield of 7.1%.
2 Railway Tavern, Castlegate, Penrith has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Railway Tavern, Castlegate, Penrith was last sold on 25th September 2009 for £101,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Railway Tavern, Castlegate, Penrith within a radius of 470 metres over the last 2 years.
The most recent example is 14, Cornmarket, Penrith, CA11 7HT, a leasehold flat which sold for £207,500 on the 23rd April 2024.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castlegate, Penrith, CA11 has a total of 85 addresses. According to our analysis of all the public data, 2 Railway Tavern, Castlegate, Penrith is the 46th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in CA11.
The closest station to 2 Railway Tavern, Castlegate, Penrith is Penrith (North Lakes) station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Railway Tavern, Castlegate, Penrith, 38.8% of property is privately rented and 25.0% 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 2 Railway Tavern, Castlegate, Penrith, 13.6% of residents are recorded as possessing school level qualifications and 24.7% 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 2 Railway Tavern, Castlegate, 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 2 Railway Tavern, Castlegate, Penrith, 0.9% 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 2 Railway Tavern, Castlegate, Penrith, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.