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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2 Rivermead, Penrith is described in the public record as a mid-century house with 861 ft2 of internal area, sitting on a 122 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Rivermead, Penrith is £350,777 and its rental estimate is £1,281 per month, given the available information and assuming reasonable condition.
Newton Reigny, Penrith, CA11 falls within the CA11 postal district.
2 Rivermead, Penrith has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 Rivermead, Penrith, we estimate a market value of £368,316 and a rental value of £1,345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £326,222 and £1,191 per month respectively.
Over the last year, 2 Rivermead, Penrith has seen its estimated sale value move down by £1,570 (0.4%) and its estimated rental value increase by £49 per month (3.8%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 2 Rivermead, Penrith as measuring 122 m2.
That makes it the 17th largest plot in the postcode, where all 17 other houses have recorded plot data.
2 Rivermead, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 2 Rivermead, Penrith have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th December 2022, was Victoria Cottage, Penrith, CA11 0AY, a freehold house which sold for £245,000.
Read more about house prices in CA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 83 addresses on Newton Reigny, Penrith, CA11, 2 Rivermead, Penrith comes out as the 73rd largest and the 62nd most expensive in our analysis of the public data.
It is also £57k more expensive than the average property across the CA11 district.
From 2 Rivermead, Penrith, the nearest station is Penrith (North Lakes), 3.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Rivermead, Penrith, 57.1% of property is privately owned outright and 27.1% 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 Rivermead, Penrith, 18.3% of residents are recorded as possessing school level qualifications and 38.6% 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 Rivermead, Penrith, the average age was 46.5 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 Rivermead, Penrith, 1.2% 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 Rivermead, Penrith, 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.
