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According to the public record, 2, Primrose Drive, Penrith is a modern freehold house with 1,872 ft2 of internal area and sits on a 691 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Primrose Drive, Penrith is £388,147 and the estimated rental value is £1,572 per month.
Primrose Drive, Penrith, CA11 is located within the CA11 postal district.
2, Primrose Drive, Penrith has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated May 2018.
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, Primrose Drive, Penrith is in very good condition we estimate a sale value of £407,554 and a rental value of £1,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,977 and a rental value of £1,462 per month.
Over the last 12 months the sale value of 2 Primrose Drive Penrith has decreased by an estimated £4,120 (1.1%) and its rental value has increased by an estimated £48 per month (3.1%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 2, Primrose Drive, Penrith sits on a plot of 691m2.
We have plot size data on 43 out of 53 other houses in the postcode and 2, Primrose Drive, Penrith sits on the largest plot.
2, Primrose Drive, Penrith has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Primrose Drive, Penrith was last sold on 31st May 2018 for £319,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 30.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Primrose Drive, Penrith within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 10, Crocus Avenue, Penrith, CA11 8FE, a freehold house which sold for £400,000 on the 28th November 2023.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Primrose Drive, Penrith, CA11 has a total of 134 addresses. According to our analysis of all the public data, 2, Primrose Drive, Penrith is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in CA11.
The closest station to 2, Primrose Drive, Penrith is Penrith (North Lakes) station which is 1.8 kilometres 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 2, Primrose Drive, Penrith, 47.0% of property is privately owned outright and 27.4% 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, Primrose Drive, Penrith, 15.7% of residents are recorded as possessing school level qualifications and 31.8% 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, Primrose Drive, Penrith, 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 2, Primrose Drive, Penrith, 0.8% 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, Primrose Drive, Penrith, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.