According to the public record, Glen Lea, Wigton is a period freehold house with 688 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Ireby, Wigton, CA7 is located in the borough of Allerdale within the CA7 postal district.
Glen Lea, Wigton has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated July 2015.
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 Glen Lea Wigton as £166,765 and the rental value as £701 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Glen Lea Wigton has increased by £4,828 (2.9%) and its rental value has increased by £53 per month (7.5%).
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 Glen Lea, Wigton is in very good condition we estimate a sale value of £175,104 and rental value of £736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,092 and a rental value of £652 per month.
If you were able to purchase this property for the estimated value of £166,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £820 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, Glen Lea, Wigton was last sold on 22 Jan 2016 for £114,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Glen Lea, Wigton within a radius of 8.4 kilometres over the last 2 years.
The most recent example is 1 Solway View, Wigton, CA7 2HU, a Freehold house which sold for £180,000 in Sep 2022.
Read more about house prices in CA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ireby, Wigton, CA7 has a total of 146 addresses. According to our analysis of all the public data, Glen Lea, Wigton is the 143rd largest and the 144th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in CA7.
Glen Lea, Wigton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Glen Lea, Wigton is Aspatria station which is 9.8 kilometres 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 Glen Lea, Wigton, 55.1% of property is privately owned outright and 26.6% 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 Glen Lea, Wigton, 13.6% of residents are recorded as possessing school level qualifications and 47.3% 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 Glen Lea, Wigton, the average age was 48.1 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 Glen Lea, Wigton, 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 Glen Lea, Wigton, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.