According to the public record, 7, Fern Bank, Cockermouth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,335 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Fern Bank, Cockermouth, CA13 is located in the borough of Allerdale within the CA13 postal district.
7, Fern Bank, Cockermouth has a single entry in the Land Registry database from May 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Fern Bank Cockermouth as £437,808 and the rental value as £1,365 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 7 Fern Bank Cockermouth has increased by £2,396 (0.5%) and its rental value has increased by £61 per month (4.5%).
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 7, Fern Bank, Cockermouth is in very good condition we estimate a sale value of £459,698 and rental value of £1,433 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,162 and a rental value of £1,269 per month.
According to HM Land Registry, 7, Fern Bank, Cockermouth was last sold on 29 May 2018 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Fern Bank, Cockermouth within a radius of 583m over the last 2 years.
The most recent example is 22, Mayo Street, Cockermouth, CA13 0BY, a Freehold house which sold for £330,000 in Mar 2023.
Read more about house prices in CA13.
Fern Bank, Cockermouth, CA13 has a total of 19 addresses. According to our analysis of all the public data, 7, Fern Bank, Cockermouth is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in CA13.
The closest station to 7, Fern Bank, Cockermouth is Maryport station which is 10.0 km away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
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 7, Fern Bank, Cockermouth, 53.7% of property is privately owned outright and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 7, Fern Bank, Cockermouth, 15.3% of residents are recorded as possessing school level qualifications and 49.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 7, Fern Bank, Cockermouth, 1.8% 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 7, Fern Bank, Cockermouth, there are an average of 1.7 cars per household.
See below for 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 7, Fern Bank, Cockermouth, the average age was 48 and the most common age was 62.
The graph below shows how this compares to North West and the rest of England & Wales