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According to the public record, 26, Park Lane, Workington is a period leasehold house with 1,216 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 26, Park Lane, Workington is £224,253 and the estimated rental value is £1,001 per month.
Park Lane, Workington, CA14 is located within the CA14 postal district.
26, Park Lane, Workington has 2 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 26, Park Lane, Workington is in very good condition we estimate a sale value of £235,466 and a rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,556 and a rental value of £931 per month.
Over the last 12 months the sale value of 26 Park Lane Workington has decreased by an estimated £3,575 (1.6%) and its rental value has increased by an estimated £23 per month (2.3%), giving an expected gross yield of 5.4%.
26, Park Lane, Workington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 26, Park Lane, Workington was last sold on 23rd August 2024 for £231,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Park Lane, Workington within a radius of 410 metres over the last 2 years.
The most recent example is 42, Vulcans Lane, Workington, CA14 2NF, a freehold house which sold for £170,000 on the 1st November 2019.
Read more about house prices in CA14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Workington, CA14 has a total of 20 addresses. According to our analysis of all the public data, 26, Park Lane, Workington is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in CA14.
The closest station to 26, Park Lane, Workington is Workington station which is 600 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 26, Park Lane, Workington, 48.4% of property is privately owned outright and 26.6% is privately owned with a mortgage.
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 26, Park Lane, Workington, 16.3% of residents are recorded as possessing school level qualifications and 19.3% 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 26, Park Lane, Workington, the average age was 40.5 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 26, Park Lane, Workington, 1.5% 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 26, Park Lane, Workington, 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.
