5, Rimington Way
5, Rimington Way
Description & Estimates
Public records show 5, Rimington Way, Penrith to be a modern freehold house with 1,248 ft2 of internal area, sitting on a 798 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Rimington Way, Penrith has an estimated sale value of £349,671 and an estimated rental value of £1,362 per month, assuming reasonable condition and based on the information available.
Rimington Way, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
5, Rimington Way, Penrith has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2020.
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
In very good condition, we estimate 5, Rimington Way, Penrith would be worth £367,155, with a potential rental value of £1,430 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £325,194, with a rental value of £1,266 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Rimington Way, Penrith has declined by £3,777 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (2.7%). The property's estimated gross yield is currently 4.7%.
Plot Size
5, Rimington Way, Penrith occupies a 798 m2 plot as recorded by HM Land Registry.
All 31 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
5, Rimington Way, Penrith has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Rimington Way, Penrith last changed hands on 8th March 2021, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 16.4% since March 2021.
- Sold Mar 2021£300,000
- Sold Dec 2001£146,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 5, Rimington Way, Penrith across the last 2 years.
Most recently, 3, Brooklands Grange, Penrith, CA11 8TQ, a freehold house, sold at £302,000 on the 17th December 2024.
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
Our analysis of the public data ranks 5, Rimington Way, Penrith as the 11th largest and the 8th most expensive of the 31 addresses on Rimington Way, Penrith, CA11.
Against the CA11 postcode district average, it is £56k more expensive than the typical property.
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Schools Nearby
- 800mBeaconside CofE Primary School
- 1.2kmNorth Lakes School
- 1.3kmBrunswick School
- 900mUllswater Community College
- 1.4kmQueen Elizabeth Grammar School Penrith
- 17.8kmAppleby Grammar School
More reading links
Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to 5, Rimington Way, Penrith at 1.4 kilometres away.
- 1.4kmPenrith (North Lakes)
- 5.9kmLangwathby
- 10.1kmLazonby & Kirkoswald
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
