According to the public record, The Barn is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 680 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Wigton, CA7 is located in the borough of Allerdale within the CA7 postal district.
The Barn has 2 entries in the Land Registry database, most recently in February 2018 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 The Barn as £225,313 and the rental value as £695 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of The Barn has increased by £6,523 (2.9%) and its rental value has increased by £52 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 The Barn is in very good condition we estimate a sale value of £236,579 and rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,541 and a rental value of £647 per month.
If you were able to purchase this property for the estimated value of £225,313, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 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, The Barn was last sold on 23 Feb 2018 for £100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Barn within a radius of 4.2 kilometres over the last 2 years.
The most recent example is 53, The Hawthorns, Wigton, CA7 9LE, a Freehold house which sold for £221,100 in Oct 2023.
Read more about house prices in CA7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wigton, CA7 has a total of 342 addresses. According to our analysis of all the public data, The Barn is the 328th largest and the 257th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in CA7.
The closest station to The Barn is Wigton station which is 4.8 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 The Barn, 64.0% of property is privately owned outright and 22.1% 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 The Barn, 11.7% of residents are recorded as possessing school level qualifications and 40.4% 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 The Barn, 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 The Barn, 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 The Barn, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.