According to the public record, 11, Admiral Close, Workington is a modern leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Admiral Close, Workington, CA14 is located in the borough of Allerdale within the CA14 postal district.
11, Admiral Close, Workington has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 11 Admiral Close Workington as £108,444 and the rental value as £449 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 11 Admiral Close Workington has increased by £2,797 (2.6%) and its rental value has increased by £29 per month (6.5%).
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 11, Admiral Close, Workington is in very good condition we estimate a sale value of £113,866 and rental value of £472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,853 and a rental value of £418 per month.
If you were able to purchase this property for the estimated value of £108,444, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £533 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 11, Admiral Close, Workington was last sold on 25 Nov 2022 for £107,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Admiral Close, Workington within a radius of 12m over the last 2 years.
The most recent example is 15, Admiral Close, Workington, CA14 3FF, a Leasehold flat which sold for £110,000 in Dec 2022.
Read more about house prices in CA14.
Admiral Close, Workington, CA14 has a total of 27 addresses. According to our analysis of all the public data, 11, Admiral Close, Workington is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in CA14.
11, Admiral Close, Workington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 11, Admiral Close, Workington is Workington station which is 1.6 km 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 11, Admiral Close, Workington, 85.1% of property is socially rented and 6.6% 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 11, Admiral Close, Workington, 20.8% of residents are recorded as possessing school level qualifications and 9.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Admiral Close, Workington, the average age was 40.5 and the most common age was 57.
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 11, Admiral Close, Workington, 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 11, Admiral Close, Workington, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.