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The Studio, Windermere appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 1,212 ft2 of internal area and a garden.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of The Studio, Windermere is £411,820 and its rental estimate is £1,130 per month, given the available information and assuming reasonable condition.
Queens Square, Bowness-On-Windermere, Windermere, LA23 falls within the LA23 postal district.
The Studio, Windermere has a single entry in the Land Registry from March 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For The Studio, Windermere, we estimate a market value of £432,410 and a rental value of £1,186 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £382,992 and £1,051 per month respectively.
Over the last year, The Studio, Windermere has seen its estimated sale value rise by £3,491 (0.8%) and its estimated rental value move up by £52 per month (4.6%). This results in an estimated gross rental yield of 3.3%.
The most recent sale of The Studio, Windermere completed on 29th March 2018 at £410,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.9% over the period since March 2018.
Over the past 2 years 3 properties similar to The Studio, Windermere have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2023, was Apartment 8, The Royal, Church Street, Windermere, LA23 3GN, a leasehold flat which sold for £400,000.
Read more about house prices in LA23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 5 addresses on Queens Square, Bowness-On-Windermere, Windermere, LA23, The Studio, Windermere comes out as the largest and the most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the LA23 district.
From The Studio, Windermere, the nearest station is Windermere, 2.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around The Studio, Windermere, 54.8% of property is privately rented and 21.2% 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 The Studio, Windermere, 12.5% of residents are recorded as possessing school level qualifications and 35.1% 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 The Studio, 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 The Studio, Windermere, 0.3% 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 The Studio, 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.