Oak Bank, Ravenglass
Oak Bank, Ravenglass
Description & Estimates
Public records show Oak Bank, Ravenglass to be a period freehold house with 2,411 ft2 of internal area, sitting on a 9,200 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Oak Bank, Ravenglass has an estimated sale value of £530,240 and an estimated rental value of £1,410 per month, assuming reasonable condition and based on the information available.
Muncaster, Ravenglass, CA18 lies within the CA18 postal district.
Our Data Sources
Oak Bank, Ravenglass has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated June 2014.
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.
Price Range & Condition
In very good condition, we estimate Oak Bank, Ravenglass would be worth £556,752, with a potential rental value of £1,480 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £493,124, with a rental value of £1,311 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Oak Bank, Ravenglass has declined by £7,599 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £44 (3.1%). The property's estimated gross yield is currently 3.2%.
Plot Size
Oak Bank, Ravenglass occupies a 9,200 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
Oak Bank, Ravenglass has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Jun 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
Oak Bank, Ravenglass last changed hands on 3rd October 2014, selling for £320,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.6% since October 2014.
- Sold Oct 2014£320,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 9.7 kilometres of Oak Bank, Ravenglass across the last 2 years.
Most recently, Hawthorn Bank, Millom, LA19 5YJ, a freehold house, sold at £615,000 on the 22nd December 2021.
Read more about house prices in CA18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Oak Bank, Ravenglass as the 13th largest and the 11th most expensive of the 67 addresses on Muncaster, Ravenglass, CA18.
Against the CA18 postcode district average, it is £330k more expensive than the typical property.
More reading links
Schools Nearby
- 2.3kmWaberthwaite CofE School
- 5.8kmSt Bega's CofE Primary School
- 7.2kmCaptain Shaw's CofE School
- 16.0kmMillom School
- 18.7kmWest Lakes Academy
- 18.9kmJohn Ruskin School
More reading links
Public Transport Nearby
Ravenglass for Eskdale station is the nearest stop to Oak Bank, Ravenglass at 3.1 kilometres away.
- 3.1kmRavenglass for Eskdale
- 6.1kmDrigg
- 6.5kmBootle (Cumbria)
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
