According to the public record, 7, Ellesmere Way, Carlisle is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 623 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ellesmere Way, Carlisle, CA2 is located in the borough of Carlisle within the CA2 postal district.
7, Ellesmere Way, Carlisle 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 7 Ellesmere Way Carlisle as £68,080 and the rental value as £416 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 7 Ellesmere Way Carlisle has increased by £2,748 (4.0%) and its rental value has increased by £42 per month (10.0%).
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 7, Ellesmere Way, Carlisle is in very good condition we estimate a sale value of £71,484 and rental value of £437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,315 and a rental value of £387 per month.
If you were able to purchase this property for the estimated value of £68,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £335 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, 7, Ellesmere Way, Carlisle was last sold on 15 Aug 2008 for £69,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2008, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ellesmere Way, Carlisle within a radius of 80m over the last 2 years.
The most recent example is 14, Ellesmere Way, Carlisle, CA2 6LZ, a Leasehold flat which sold for £53,500 in Feb 2021.
Read more about house prices in CA2.
Ellesmere Way, Carlisle, CA2 has a total of 119 addresses. According to our analysis of all the public data, 7, Ellesmere Way, Carlisle is the 49th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in CA2.
The closest station to 7, Ellesmere Way, Carlisle is Carlisle station which is 2.7 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 7, Ellesmere Way, Carlisle, 63.5% of property is socially rented and 15.7% is privately owned outright.
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 7, Ellesmere Way, Carlisle, 8.0% of residents are recorded as possessing school level qualifications and 20.7% 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 7, Ellesmere Way, Carlisle, the average age was 40 and the most common age was 32.
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 7, Ellesmere Way, Carlisle, 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 7, Ellesmere Way, Carlisle, 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.