5, Reiver Place
5, Reiver Place
Description & Estimates
5, Reiver Place, Carlisle is recorded publicly as a modern leasehold apartment across 882 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 5, Reiver Place, Carlisle is £179,330 and its rental estimate is £796 per month, given the available information and assuming reasonable condition.
Reiver Place, Carlisle, CA3 falls within the CA3 postal district.
Our Data Sources
5, Reiver Place, Carlisle has 21 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, Reiver Place, Carlisle, we estimate a market value of £188,296 and a rental value of £835 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £166,777 and £740 per month respectively.
Recent Market Change
Over the last year, 5, Reiver Place, Carlisle has seen its estimated sale value move up by £2,599 (1.4%) and its estimated rental value increase by £31 per month (3.8%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
5, Reiver Place, Carlisle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
Sold Prices
The most recent sale of 5, Reiver Place, Carlisle completed on 22nd August 2019 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.7% over the period since August 2019.
- Sold Aug 2019£165,000
- Sold Jun 2003£101,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Reiver Place, Carlisle have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2021, was 11, Reiver Place, Carlisle, CA3 0AQ, a leasehold flat which sold for £155,000.
Read more about house prices in CA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Reiver Place, Carlisle, CA3, 5, Reiver Place, Carlisle comes out as the 15th largest and the 13th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the CA3 district.
More reading links
Schools Nearby
- 700mKingmoor Nursery and Infant School
- 800mKingmoor Junior School
- 1.0kmStanwix School
- 2.1kmTrinity School
- 2.3kmRichard Rose Central Academy
- 4.2kmRichard Rose Morton Academy
More reading links
Public Transport Nearby
From 5, Reiver Place, Carlisle, the nearest station is Carlisle, 2.7 kilometres away.
- 2.7kmCarlisle
- 7.7kmWetheral
- 8.2kmDalston (Cumbria)
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 very low, based on Environment Agency data.
