According to the public record, 25, Gray Street, Workington is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,242 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gray Street, Workington, CA14 is located in the borough of Allerdale within the CA14 postal district.
25, Gray Street, Workington has 2 entries in the Land Registry database, most recently in August 2008 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 25 Gray Street Workington as £137,352 and the rental value as £608 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 25 Gray Street Workington has increased by £2,398 (1.7%) and its rental value has increased by £34 per month (5.7%).
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 25, Gray Street, Workington is in very good condition we estimate a sale value of £144,219 and rental value of £638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,737 and a rental value of £565 per month.
If you were able to purchase this property for the estimated value of £137,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £675 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, 25, Gray Street, Workington was last sold on 11 Aug 2008 for £125,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Aug 2008, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Gray Street, Workington within a radius of 450 metres over the last 2 years.
The most recent example is 55, Gray Street, Workington, CA14 2NQ, a Leasehold house which sold for £131,000 in Oct 2022.
Read more about house prices in CA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gray Street, Workington, CA14 has a total of 93 addresses. According to our analysis of all the public data, 25, Gray Street, Workington is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in CA14.
The closest station to 25, Gray Street, Workington is Workington station which is 800 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 25, Gray Street, Workington, 39.4% of property is privately owned outright and 33.9% 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 25, Gray Street, Workington, 10.0% of residents are recorded as possessing school level qualifications and 19.4% 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 25, Gray Street, Workington, the average age was 43.4 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 25, Gray Street, 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 25, Gray Street, Workington, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.