According to the public record, 40, George Street, Whitehaven is a mid-century leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
George Street, Whitehaven, CA28 is located in the borough of Copeland within the CA28 postal district.
40, George Street, Whitehaven has 41 entries in the Land Registry database, most recently in October 2021 and no records in the EPC database.
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 reasonable condition, we estimate the current sale value for 40 George Street Whitehaven as £57,639 and the rental value as £365 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 40 George Street Whitehaven has increased by £1,623 (2.8%) and its rental value has increased by £24 per month (6.6%).
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 40, George Street, Whitehaven is in very good condition we estimate a sale value of £60,521 and rental value of £383 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,604 and a rental value of £339 per month.
If you were able to purchase this property for the estimated value of £57,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £283 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, 40, George Street, Whitehaven was last sold on 08 Oct 2021 for £54,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2021, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, George Street, Whitehaven within a radius of 151m over the last 2 years.
The most recent example is 51, Wellington Row, Whitehaven, CA28 7HB, a Leasehold flat which sold for £50,000 in May 2023.
Read more about house prices in CA28.
George Street, Whitehaven, CA28 has a total of 116 addresses. According to our analysis of all the public data, 40, George Street, Whitehaven is the 65th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in CA28.
40, George Street, Whitehaven has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, George Street, Whitehaven is Whitehaven station which is 500 m 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 40, George Street, Whitehaven, 66.7% of property is socially rented and 15.8% is privately rented.
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 40, George Street, Whitehaven, 3.9% of residents are recorded as possessing school level qualifications and 16.7% 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 40, George Street, Whitehaven, the average age was 44.9 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 40, George Street, Whitehaven, 0.8% 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 40, George Street, Whitehaven, there are an average of 0.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.