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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2 Michaels Nook, Ambleside is a period leasehold apartment with 1,117 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Michaels Nook, Ambleside is £309,720 and the estimated rental value is £940 per month.
The apartment is within 2, Grasmere, Ambleside, LA22.
Grasmere, Ambleside, LA22 is located within the LA22 postal district.
2 Michaels Nook, Ambleside has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2 Michaels Nook, Ambleside is in very good condition we estimate a sale value of £325,206 and a rental value of £987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,040 and a rental value of £875 per month.
Over the last 12 months the sale value of 2 Michaels Nook Ambleside has decreased by an estimated £1,646 (0.5%) and its rental value has increased by an estimated £33 per month (3.5%), giving an expected gross yield of 3.6%.
2 Michaels Nook, Ambleside has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to HM Land Registry, 2 Michaels Nook, Ambleside was last sold on 6th June 2007 for £985,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has dropped 46.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2 Michaels Nook, Ambleside within a radius of 5.1 kilometres over the last 2 years.
The most recent example is Archway Flat, Market Place, Ambleside, LA22 9BU, a leasehold flat which sold for £308,500 on the 12th April 2023.
Read more about house prices in LA22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere, Ambleside, LA22 has a total of 296 addresses. According to our analysis of all the public data, 2 Michaels Nook, Ambleside is the 182nd largest and the 224th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in LA22.
The closest station to 2 Michaels Nook, Ambleside is Windermere station which is 12.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Michaels Nook, Ambleside, 38.0% of property is privately owned outright and 36.4% is socially rented.
The graph below shows how this compares to North West 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 2 Michaels Nook, Ambleside, 13.6% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Michaels Nook, Ambleside, the average age was 48.4 and the most common age was 57.
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 2 Michaels Nook, Ambleside, 1.1% 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 2 Michaels Nook, Ambleside, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
