2, Raven Bank
2, Raven Bank
Description & Estimates
2, Raven Bank, Penrith is recorded publicly as a period freehold house across 1,742 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Raven Bank, Penrith is £352,595 and its rental estimate is £1,452 per month, given the available information and assuming reasonable condition.
Raven Bank, Kirkoswald, Penrith, CA10 falls within the CA10 postal district.
Our Data Sources
2, Raven Bank, Penrith has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated September 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Raven Bank, Penrith, we estimate a market value of £370,225 and a rental value of £1,524 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,913 and £1,350 per month respectively.
Recent Market Change
Over the last year, 2, Raven Bank, Penrith has seen its estimated sale value decline by £3,809 (1.1%) and its estimated rental value climb by £39 per month (2.7%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
2, Raven Bank, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Sep 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Raven Bank, Penrith completed on 15th February 2013 at £249,999 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.1% over the period since February 2013.
- Sold Feb 2013£249,999
- Sold Apr 1999£72,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Raven Bank, Penrith have sold within a radius of 6.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th June 2021, was Mill House, Penrith, CA10 1DQ, a freehold house which sold for £300,000.
Read more about house prices in CA10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 2 addresses on Raven Bank, Kirkoswald, Penrith, CA10, 2, Raven Bank, Penrith comes out as the largest and the most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the CA10 district.
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Schools Nearby
- 100mKirkoswald CofE School
- 1.4kmLazonby C of E Primary School
- 7.0kmPlumpton School
- 12.1kmUllswater Community College
- 12.4kmQueen Elizabeth Grammar School Penrith
- 17.1kmSamuel King's School
More reading links
Public Transport Nearby
From 2, Raven Bank, Penrith, the nearest station is Lazonby & Kirkoswald, 1.6 kilometres away.
- 1.6kmLazonby & Kirkoswald
- 7.1kmArmathwaite
- 8.0kmLangwathby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
