According to the public record, 43, Vulcans Lane, Workington is a period leasehold house with 959 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vulcans Lane, Workington, CA14 is located in the borough of Allerdale within the CA14 postal district.
43, Vulcans Lane, Workington has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 43 Vulcans Lane Workington as £95,152 and the rental value as £476 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 43 Vulcans Lane Workington has increased by £2,911 (3.1%) and its rental value has increased by £33 per month (7.0%).
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 43, Vulcans Lane, Workington is in very good condition we estimate a sale value of £99,910 and rental value of £499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,491 and a rental value of £442 per month.
If you were able to purchase this property for the estimated value of £95,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £468 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 43, Vulcans Lane, Workington was last sold on 08 Dec 2022 for £90,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Vulcans Lane, Workington within a radius of 400 metres over the last 2 years.
The most recent example is 9, Brown Street, Workington, CA14 2NL, a Leasehold house which sold for £88,500 in May 2024.
Read more about house prices in CA14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vulcans Lane, Workington, CA14 has a total of 89 addresses. According to our analysis of all the public data, 43, Vulcans Lane, Workington is the 74th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in CA14.
43, Vulcans Lane, Workington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 43, Vulcans Lane, Workington is Workington station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 43, Vulcans Lane, Workington, 48.4% of property is privately owned outright and 26.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 43, Vulcans Lane, Workington, 16.3% of residents are recorded as possessing school level qualifications and 19.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 43, Vulcans 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 43, Vulcans Lane, Workington, 1.5% 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 43, Vulcans Lane, Workington, 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.