Is Cold Springs Park in Penrith a nice place to live?

Cold Springs Park is classified by the ONS as Ageing Rural Flat Tenants. Cold Springs Park is in the lowest 20% of postcodes for crime (see map). The road has a very low level of deprivation compared to the rest of the country.

Geography

Cold Springs Park is located in the Penrith East ward of the Eden district in Cumbria.
Coordinates 54.667979, -2.738297
Grid Ref NY524305
Suburb Scaws
Constituency Penrith and The Border
Postcodes CA11 8EX, CA11 8EY

House Prices

The average house price in Cold Springs Park is 100% higher than the rest of Penrith. The last sale we have on record is 12 Cold Springs Park, that sold for £420,000. The average house price in Penrith is £0 as of June 2023.

Average House Prices

Recent sales in Cold Springs Park

Date No. Type Price
21/02/2023 12 Detached £420,000
10/02/2022 3 Detached £445,000
28/09/2021 9 Detached £412,500

Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

Crime in Cold Springs Park, Cumbria

There were no street crime incidents recorded by Cumbria Police in Cold Springs Park during September 2024.

Crime Deprivation

The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Cold Springs Park and compared that to the average for the Penrith East ward.

You are less likely to be a victim of personal crime in Cold Springs Park, when compared to the average EIMD rank for the Penrith East ward

Social economic statistics for Cold Springs Park

These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Cold Springs Park is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Cold Springs Park is in the top 10% of least deprived LSOAs in the country.

Income Deprivation

The Income Deprivation Domain measures the proportion of the population in and around Cold Springs Park experiencing deprivation relating to low income.
Residents in around Cold Springs Park are in the top 30% least income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Cold Springs Park involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Cold Springs Park are in the top 30% least employment deprived in the country

Health & Disability Deprivation

The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.
Residents in Cold Springs Park are in the top 20% least health & disability deprived in the country

Index of Multiple Deprivation

The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Cold Springs Park, from outside living quality, housing quality, access to services and crime.
Residents in Cold Springs Park are in the top 20% least deprived in the country

2021 Census for Cold Springs Park

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Cold Springs Park.

Unemployment in Cold Springs Park

The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.
1.32% of Cold Springs Park residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Cold Springs Park

The proportion of retirees in a road should give you an indication of the demographics of Cold Springs Park. The proportion of retirees on Cold Springs Park is 1.71% lower than the national average of 18.6%.
16.89% of Cold Springs Park residents were retired during the last census

Home ownership in Cold Springs Park

The proportion of home owners on Cold Springs Park is 15.49% higher than the national average of 62%. 5.24% of properties in Cold Springs Park are private rented and 14.66% are social rented.
77.49% of residents of Cold Springs Park own their home

Country of Birth of Cold Springs Park residents

The proportion if Cold Springs Park residents born in the UK is 10.66% higher than the England national average of 82.65%. 6.69% of Cold Springs Park residents were born outside the UK.
93.31% of Cold Springs Park residents were born in the UK

Cold Springs Park Summary

Cold Springs Park has a higher level of home ownership than the national average. This is an indicator that finding private rented accomodation in Cold Springs Park maybe difficult.

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