4 Rivermead, Penrith
4 Rivermead, Penrith
Description & Estimates
4 Rivermead, Penrith is described in the public record as a mid-century house with 957 ft2 of internal area, sitting on a 263 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4 Rivermead, Penrith is £370,828 and its rental estimate is £1,310 per month, given the available information and assuming reasonable condition.
Newton Reigny, Penrith, CA11 falls within the CA11 postal district.
Our Data Sources
4 Rivermead, Penrith has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
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.
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 4 Rivermead, Penrith, we estimate a market value of £389,369 and a rental value of £1,376 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £344,870 and £1,218 per month respectively.
Recent Market Change
Over the last year, 4 Rivermead, Penrith has seen its estimated sale value drop by £1,660 (0.4%) and its estimated rental value rise by £50 per month (3.8%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 4 Rivermead, Penrith as measuring 263 m2.
That makes it the 14th largest plot in the postcode, where all 17 other houses have recorded plot data.
Energy Efficiency
4 Rivermead, Penrith has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4 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.
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Location Comparison
Of the 83 addresses on Newton Reigny, Penrith, CA11, 4 Rivermead, Penrith comes out as the 66th largest and the 56th most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the CA11 district.
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Schools Nearby
- 3.7kmSt Catherine's Catholic Primary School, Penrith
- 3.8kmStainton CofE Primary School
- 3.9kmBrunswick School
- 4.1kmQueen Elizabeth Grammar School Penrith
- 4.5kmUllswater Community College
- 21.5kmCaldew School
More reading links
Public Transport Nearby
From 4 Rivermead, Penrith, the nearest station is Penrith (North Lakes), 3.9 kilometres away.
- 3.9kmPenrith (North Lakes)
- 9.6kmLangwathby
- 10.5kmLazonby & Kirkoswald
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
