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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
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According to the public record, The Cottage is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 616 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Cottage is £184,050 and the estimated rental value is £981 per month.
Wigton, CA7 is located within the CA7 postal district.
The Cottage has 51 entries in the Land Registry , most recently in February 2022 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.
The local information is scored as 1 out of 5 and is considered of low 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 The Cottage is in very good condition we estimate a sale value of £193,253 and a rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,167 and a rental value of £912 per month.
Over the last 12 months the sale value of The Cottage has increased by an estimated £287 (0.2%) and its rental value has increased by an estimated £44 per month (4.4%), giving an expected gross yield of 6.4%.
According to HM Land Registry, The Cottage was last sold on 11th February 2022 for £121,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since February 2022, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to The Cottage within a radius of 2.2 kilometres over the last 2 years.
The most recent example is The Granary, Wigton, CA7 8AF, a leasehold flat which sold for £138,000 on the 28th September 2021.
Read more about house prices in CA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wigton, CA7 has a total of 339 addresses. According to our analysis of all the public data, The Cottage is the 334th largest and the 311th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in CA7.
The closest station to The Cottage is Wigton station which is 2.7 kilometres away.
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 The Cottage, 53.5% of property is privately owned outright and 24.1% 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 The Cottage, 15.3% of residents are recorded as possessing school level qualifications and 40.0% 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 The Cottage, the average age was 48.1 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 The Cottage, 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 The Cottage, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
