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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 15, Red Gables, Carlisle is recorded publicly as a period leasehold apartment across 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 15, Red Gables, Carlisle is £69,230 and its rental estimate is £485 per month, given the available information and assuming reasonable condition.
Red Gables, Chatsworth Square is a residential building on Chatsworth Square, Carlisle, CA1 and falls within the CA1 postal district.
Flat 15, Red Gables, Carlisle has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Flat 15, Red Gables, Carlisle, we estimate a market value of £72,691 and a rental value of £509 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,384 and £451 per month respectively.
Over the last year, Flat 15, Red Gables, Carlisle has seen its estimated sale value increase by £267 (0.4%) and its estimated rental value grow by £18 per month (3.7%). This results in an estimated gross rental yield of 8.4%.
Flat 15, Red Gables, Carlisle has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 10 May 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using No system present: electric heaters assumed.
The most recent sale of Flat 15, Red Gables, Carlisle completed on 24th June 2021 at £64,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 10.8% over the period since June 2021.
Over the past 2 years 3 properties similar to Flat 15, Red Gables, Carlisle have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th January 2022, was Flat 1, 20, Chatsworth Square, Carlisle, CA1 1HE, a leasehold flat which sold for £270,000.
Read more about house prices in CA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 130 addresses on Chatsworth Square, Carlisle, CA1, Flat 15, Red Gables, Carlisle comes out as the 68th largest and the 115th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the CA1 district.
From Flat 15, Red Gables, Carlisle, the nearest station is Carlisle, 600 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, Red Gables, Carlisle, 74.8% of property is privately rented and 11.4% 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 Flat 15, Red Gables, Carlisle, 25.6% of residents are recorded as possessing school level qualifications and 34.9% 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 Flat 15, Red Gables, Carlisle, the average age was 41.6 and the most common age was 22.
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 Flat 15, Red Gables, Carlisle, 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 Flat 15, Red Gables, Carlisle, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
