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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, 4, Park Lane, Workington is a period freehold house with 452 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Park Lane, Workington is £62,547 and the estimated rental value is £414 per month.
Park Lane, Workington, CA14 is located within the CA14 postal district.
4, Park Lane, Workington has 31 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated November 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 4, Park Lane, Workington is in very good condition we estimate a sale value of £65,674 and a rental value of £434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,168 and a rental value of £385 per month.
Over the last 12 months the sale value of 4 Park Lane Workington has increased by an estimated £459 (0.7%) and its rental value has increased by an estimated £21 per month (5.1%), giving an expected gross yield of 7.9%.
4, Park Lane, Workington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Nov 2020.
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, 4, Park Lane, Workington was last sold on 15th October 2021 for £52,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2021, the market for similar properties has risen 84.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Park Lane, Workington within a radius of 450 metres over the last 2 years.
The most recent example is 7, Winifred Street, Workington, CA14 2DE, a freehold house which sold for £70,000 on the 22nd September 2023.
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, 4, Park Lane, Workington is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in CA14.
The closest station to 4, Park Lane, Workington is Workington station which is 500 metres 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 4, Park Lane, Workington, 36.4% of property is privately rented and 33.9% is privately owned outright.
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 4, Park Lane, Workington, 3.3% of residents are recorded as possessing school level qualifications and 21.9% 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 4, 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 4, Park Lane, Workington, 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 4, Park Lane, Workington, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
