According to the public record, 7, West Lane, Maryport is a mid-century freehold house with 1,054 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Lane, Flimby, Maryport, CA15 is located in the borough of Allerdale within the CA15 postal district.
7, West Lane, Maryport has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated January 2014.
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 7 West Lane Maryport as £105,082 and the rental value as £511 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 7 West Lane Maryport has increased by £3,396 (3.2%) and its rental value has increased by £37 per month (7.2%).
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, West Lane, Maryport is in very good condition we estimate a sale value of £110,336 and rental value of £537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,726 and a rental value of £475 per month.
If you were able to purchase this property for the estimated value of £105,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £516 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, West Lane, Maryport was last sold on 16 Sep 2022 for £89,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, West Lane, Maryport within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 24, Wedgwood Road, Maryport, CA15 8QX, a Freehold house which sold for £66,500 in Apr 2023.
Read more about house prices in CA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Lane, Flimby, Maryport, CA15 has a total of 27 addresses. According to our analysis of all the public data, 7, West Lane, Maryport is the 14th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in CA15.
7, West Lane, Maryport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jan 2014.
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 7, West Lane, Maryport is Flimby station which is 300 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 7, West Lane, Maryport, 59.6% of property is socially rented and 21.1% 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, West Lane, Maryport, 16.6% of residents are recorded as possessing school level qualifications and 14.4% 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 7, West Lane, Maryport, the average age was 40.8 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 7, West Lane, Maryport, 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, West Lane, Maryport, 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.