5, Leather Lane
5, Leather Lane
Description & Estimates
According to the public record, 5, Leather Lane, Ulverston is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Leather Lane, Ulverston is £105,384 and the estimated rental value is £637 per month.
Leather Lane, Ulverston, LA12 is located within the LA12 postal district.
Our Data Sources
5, Leather Lane, Ulverston has 2 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 5, Leather Lane, Ulverston is in very good condition we estimate a sale value of £110,653 and a rental value of £669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,007 and a rental value of £593 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Leather Lane, Ulverston has declined by £419 (0.4%), while its estimated rental value has climbed by £24 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
5, Leather Lane, Ulverston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Leather Lane, Ulverston was last sold on 20th December 2018 for £118,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2018, the market for similar properties has risen by 57.9%.
- Sold Dec 2018£118,000
- Sold Aug 2017£80,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Leather Lane, Ulverston within a radius of 510 metres over the last 2 years.
The most recent example is 8 Beckside Court, Fountain Street, Ulverston, LA12 7EA, a leasehold flat which sold for £135,000 on the 28th March 2024.
Read more about house prices in LA12.
- Sold Mar 2024£135,000 | 2 Bed FlatFountain Street8 Beckside Court, Fountain Street, Ulverston, LA12 7EA
- Sold Feb 2023£115,000 | 2 Bed FlatWesleyan Court, Neville StreetFlat 11, Wesleyan Court, Neville Street, Ulverston, LA12 0BL
- Sold Jul 2020£89,000 | 2 Bed FlatLeather Lane28, Leather Lane, Ulverston, LA12 7DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Leather Lane, Ulverston, LA12 has a total of 32 addresses. According to our analysis of all the public data, 5, Leather Lane, Ulverston is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in LA12.
More reading links
Schools Nearby
- 300mChurch Walk CofE Primary School
- 600mSir John Barrow School
- 700mSt Mary's Catholic Primary School, Ulverston
- 900mUlverston Victoria High School
- 7.1kmDowdales School
- 9.6kmCartmel Priory CofE School
More reading links
Public Transport Nearby
The closest station to 5, Leather Lane, Ulverston is Ulverston station, which is 600 metres away.
- 600mUlverston
- 7.1kmAskam
- 7.1kmDalton (Cumbria)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
