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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Lower Workshop Flat, Windermere is £112,072 and the estimated rental value is £612 per month.
Bank Road, Windermere, LA23 is located within the LA23 postal district.
Lower Workshop Flat, Windermere has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 Lower Workshop Flat, Windermere is in very good condition we estimate a sale value of £117,675 and a rental value of £643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,227 and a rental value of £569 per month.
Over the last 12 months the sale value of Lower Workshop Flat Windermere has decreased by an estimated £1,330 (1.2%) and its rental value has increased by an estimated £24 per month (3.9%), giving an expected gross yield of 6.6%.
Lower Workshop Flat, Windermere has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Lower Workshop Flat, Windermere within a radius of 1.0 kilometres over the last 2 years.
The most recent example is The Basement Flat, Merewyke Court, North Terrace, Windermere, LA23 3AU, a leasehold flat which sold for £139,950 on the 9th November 2022.
Read more about house prices in LA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bank Road, Windermere, LA23 has a total of 30 addresses. According to our analysis of all the public data, Lower Workshop Flat, Windermere is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in LA23.
The closest station to Lower Workshop Flat, Windermere is Windermere station which is 1.6 kilometres away.
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.
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 Lower Workshop Flat, Windermere, 40.0% of property is privately rented and 35.2% 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 Lower Workshop Flat, Windermere, 12.0% of residents are recorded as possessing school level qualifications and 28.2% 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 Lower Workshop Flat, Windermere, the average age was 46.1 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 Lower Workshop Flat, Windermere, 1.0% 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 Lower Workshop Flat, Windermere, 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.