According to the public record, Flat 3, Cavendish House, Ulverston is a period leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Cavendish House, Cavendish Street, Ulverston, LA12.
Cavendish Street, Ulverston, LA12 is located in the borough of South Lakeland within the LA12 postal district.
Flat 3, Cavendish House, Ulverston has 31 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated June 2023.
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 Flat 3 Cavendish House Ulverston as £172,885 and the rental value as £821 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 3 Cavendish House Ulverston has increased by £1,601 (0.9%) and its rental value has increased by £41 per month (5.0%).
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 Flat 3, Cavendish House, Ulverston is in very good condition we estimate a sale value of £181,529 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,783 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £172,885, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £850 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, Flat 3, Cavendish House, Ulverston was last sold on 07 Jul 2023 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Cavendish House, Ulverston within a radius of 500 metres over the last 2 years.
The most recent example is 3, Rachaels Court, Ulverston, LA12 0AF, a Leasehold flat which sold for £177,000 in Aug 2023.
Read more about house prices in LA12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Street, Ulverston, LA12 has a total of 43 addresses. According to our analysis of all the public data, Flat 3, Cavendish House, Ulverston is the 5th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in LA12.
Flat 3, Cavendish House, Ulverston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, Cavendish House, Ulverston is Ulverston station which is 300 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 Flat 3, Cavendish House, Ulverston, 55.5% of property is privately rented and 18.3% is privately owned outright.
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 Flat 3, Cavendish House, Ulverston, 5.9% of residents are recorded as possessing school level qualifications and 41.1% 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 Flat 3, Cavendish House, Ulverston, the average age was 43.9 and the most common age was 52.
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 Flat 3, Cavendish House, Ulverston, 0.8% 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 Flat 3, Cavendish House, Ulverston, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.