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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 Loft, Wigton is a modern apartment with 559 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 The Loft, Wigton is £88,965 and the estimated rental value is £514 per month.
Reeds Lane, Wigton, CA7 is located within the CA7 postal district.
The Loft, Wigton has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data 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.
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 Loft, Wigton is in very good condition we estimate a sale value of £93,414 and a rental value of £540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,738 and a rental value of £478 per month.
Over the last 12 months the sale value of The Loft Wigton has decreased by an estimated £413 (0.5%) and its rental value has increased by an estimated £18 per month (3.5%), giving an expected gross yield of 6.9%.
The Loft, Wigton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Loft, Wigton within a radius of 860 metres over the last 2 years.
The most recent example is 5, Wheatsheaf Lane, Wigton, CA7 9DY, a leasehold flat which sold for £39,999 on the 28th March 2024.
Read more about house prices in CA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeds Lane, Wigton, CA7 has a total of 8 addresses. According to our analysis of all the public data, The Loft, Wigton is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in CA7.
The closest station to The Loft, Wigton is Wigton station which is 500 metres 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 Loft, Wigton, 48.1% of property is privately rented and 27.5% 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 The Loft, Wigton, 11.3% of residents are recorded as possessing school level qualifications and 20.9% 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 The Loft, Wigton, the average age was 46.4 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 Loft, Wigton, 1.0% 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 Loft, Wigton, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
