16 CRAIG DRIVE
Recent sale
£193k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
2 Craig Drive, Whitehaven, CA28 6JX
UPRN:100110315266Semi-Detached House4 bedsBuilt 1950-1966
FreeholdCouncil Tax: Band CEPC: D (66)
Data freshness:Listing· freshListing: fresh, refreshed 2d ago (2026-10-24T04:00:05.961683+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated yesterday
£278,000
Estimated value
Range: £264k - £292k|Last sold: £168k (2016-08-15)
Estimate of £278k for this semi-detached house. 378 sales in CA28 in the last 12 months; median £150k.
Estimate confidence
High confidence
Value History
Current estimate
£278k
£264k - £292k - High confidence
Annualised (CAGR)
+6.28%
Over the full window
Peak estimate
£278k
Oct 2026
From peak
+0.00%
Drawdown from peak
AVM estimate (model)Repeat-sales index - CA28 district (quarterly)index YoY +10.40%
Growth by window
3m
+14.88%
6m
+14.88%
12m
+14.40%
24m
+21.93%
60m
+34.95%
Rental Market
Estimated rent (pcm)
£1,300
/ month
Gross yield
5.57%
Rent ÷ asking price
Net yield
3.85%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£150k
CA28 sales, last 12 months
12m Price Growth
-
CA28 median, Land Registry
Days on Market
73d
CA28 average
Sales & Yield
3 metricsTransactions / 12m
378
CA28 sales
Area Gross Yield
-
CA28 medians
Last Sold
£168k
2016-08-15
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£280,000
- SDLT standard£4,000
- SDLT BTL surcharge (5%)£14,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£300,100
Funding
- Deposit (25%)£70,000
- Mortgage (75% LTV)£210,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£90,100
Monthly Returns
- Monthly Rent (estimate)£1,300
- Mortgage Payment (IO)-£919
- Management (10%)-£130
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£151
Capital Returns
- 5yr Property Value£308,840
- 5yr Capital Gain (1.98% pa, historical)+£28,840
- 5yr Cumulative Rent (net)+£67,059
- Less mortgage interest-£55,140
- 5yr Total Return+£40,759
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £285,544 | £75,544 | +£1,812 | +£7,356 | 8.2% |
| Year 2 | £291,198 | £81,198 | +£3,900 | +£15,098 | 16.8% |
| Year 3 | £296,963 | £86,963 | +£6,282 | +£23,246 | 25.8% |
| Year 4 | £302,843 | £92,843 | +£8,953 | +£31,796 | 35.3% |
| Year 5 | £308,840 | £98,840 | +£11,919 | +£40,759 | 45.2% |
Modelled on the live asking price. Capital growth 1.98% a year is the CA28 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£90,100).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
3 CRAIG DRIVE
Recent sale
£190k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
8 CRAIG DRIVE
Recent sale
£195k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
1 CRAIG DRIVE
Recent sale
£170k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£33,840
Median earnings (local authority)
Signal
1,657
Population
Signal
0.6%
Households Deprived