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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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4, Wallace Lane, Maryport is recorded publicly as a mid-century Leasehold apartment across 882 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Wallace Lane, Maryport is £48,591 and its rental estimate is £231 per month, given the available information and assuming reasonable condition.
Wallace Lane, Maryport, CA15 falls within the CA15 postal district.
4, Wallace Lane, Maryport has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated November 2022.
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.
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 4, Wallace Lane, Maryport, we estimate a market value of £51,020 and a rental value of £243 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £45,189 and £215 per month respectively.
Over the last year, 4, Wallace Lane, Maryport has seen its estimated sale value move down by £155 (0.3%) and its estimated rental value increase by £10 per month (4.3%). This results in an estimated gross rental yield of 5.7%.
4, Wallace Lane, Maryport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Wallace Lane, Maryport completed on 4th September 2023 at £48,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.2% over the period since September 2023.
Over the past 2 years 2 properties similar to 4, Wallace Lane, Maryport have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th April 2022, was Flat 2, Station Inn, Main Road, Maryport, CA15 8BT, a leasehold flat which sold for £144,000.
Read more about house prices in CA15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Wallace Lane, Maryport, CA15, 4, Wallace Lane, Maryport comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the CA15 district.
From 4, Wallace Lane, Maryport, the nearest station is Maryport, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Wallace Lane, Maryport, 49.6% of property is privately owned outright and 19.5% is privately rented.
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 4, Wallace Lane, Maryport, 13.5% of residents are recorded as possessing school level qualifications and 16.1% 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 4, Wallace Lane, Maryport, the average age was 45 and the most common age was 52.
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 4, Wallace Lane, Maryport, 0.0% 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 4, Wallace Lane, Maryport, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
