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According to the public record, 2, Mill Race View, Carlisle is a modern Leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mill Race View, Carlisle is £82,022 and the estimated rental value is £547 per month.
Mill Race View, Carlisle, CA2 is located within the CA2 postal district.
2, Mill Race View, Carlisle has 31 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated July 2016.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Mill Race View, Carlisle is in very good condition we estimate a sale value of £86,124 and a rental value of £574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,281 and a rental value of £509 per month.
Over the last 12 months the sale value of 2 Mill Race View Carlisle has increased by an estimated £1,269 (1.5%) and its rental value has increased by an estimated £21 per month (3.9%), giving an expected gross yield of 8%.
2, Mill Race View, Carlisle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Mill Race View, Carlisle was last sold on 6th September 2007 for £106,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2007, the market for similar properties has dropped 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Race View, Carlisle within a radius of 560 metres over the last 2 years.
The most recent example is 3, Mill Race View, Carlisle, CA2 5PH, a leasehold flat which sold for £70,100 on the 4th July 2024.
Read more about house prices in CA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Race View, Carlisle, CA2 has a total of 12 addresses. According to our analysis of all the public data, 2, Mill Race View, Carlisle is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in CA2.
The closest station to 2, Mill Race View, Carlisle is Carlisle station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mill Race View, Carlisle, 35.0% of property is privately rented and 31.4% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Mill Race View, Carlisle, 10.0% of residents are recorded as possessing school level qualifications and 30.8% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Mill Race View, Carlisle, the average age was 39.2 and the most common age was 27.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Mill Race View, Carlisle, 2.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Mill Race View, Carlisle, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.