Bank House, Penrith
Bank House, Penrith
Description & Estimates
Public records show Bank House, Penrith to be an early-century freehold house with 2,658 ft2 of internal area, sitting on a 781 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Bank House, Penrith has an estimated sale value of £402,330 and an estimated rental value of £1,844 per month, assuming reasonable condition and based on the information available.
Newbiggin, Penrith, CA11 lies within the CA11 postal district.
Our Data Sources
Bank House, Penrith has 21 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Bank House, Penrith would be worth £422,446, with a potential rental value of £1,936 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £374,167, with a rental value of £1,715 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 Bank House, Penrith has declined by £7,546 (1.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (1.9%). The property's estimated gross yield is currently 5.5%.
Plot Size
Bank House, Penrith occupies a 781 m2 plot as recorded by HM Land Registry.
All 10 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Bank House, Penrith has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 25 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, wood logs.
Sold Prices
Bank House, Penrith last changed hands on 8th August 2011, selling for £356,000. 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 14.0% since August 2011.
- Sold Aug 2011£356,000
- Sold Aug 2006£305,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.2 kilometres of Bank House, Penrith across the last 2 years.
Most recently, 4, Derwent Close, Penrith, CA11 9GP, a freehold house, sold at £315,000 on the 17th January 2020.
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 Bank House, Penrith as the 5th largest and the 15th most expensive of the 76 addresses on Newbiggin, Penrith, CA11.
Against the CA11 postcode district average, it is £108k more expensive than the typical property.
More reading links
Schools Nearby
- 2.3kmStainton CofE Primary School
- 2.9kmGreystoke Primary School
- 4.6kmSt Catherine's Catholic Primary School, Penrith
- 4.4kmQueen Elizabeth Grammar School Penrith
- 5.0kmUllswater Community College
- 21.4kmKeswick School
More reading links
Public Transport Nearby
Penrith (North Lakes) station is the nearest stop to Bank House, Penrith at 4.4 kilometres away.
- 4.4kmPenrith (North Lakes)
- 11.1kmLangwathby
- 12.7kmLazonby & 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.
