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Gressingham House Gressingham Drive is a residential building situated on Gressingham Drive, Lancaster, LA1 with 14 addresses.
It ranks as the 510th largest and 121st most expensive of the 583 buildings in the LA1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 14 properties: 14 flats.
Gressingham House Gressingham Drive is a residential building situated on Gressingham Drive, Lancaster, LA1 with 14 addresses.
It ranks as the 510th largest and 121st most expensive of the 583 buildings in the LA1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 14 properties: 14 flats.
Sale prices range from £107,622 for 2 bedroom leasehold flats (785 ft2) to £110,142 for 2 bedroom leasehold flats (828 ft2) .
Monthly rental prices range from £570 pcm for 2 bed flats to £571 pcm for 2 bed flats.
The gross rental yield is between 6.2% and 6.4%.
The average value per square foot is £136.
The last sale in Gressingham House Gressingham Drive sold for £100,000 on 18th December 2020. Since then prices are up an average of 14.4%.
The current average value in the building is £108,781.
The Gressingham House Gressingham Drive Sales Market has increased by 24.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.2% | £108,781 |
| May 2025 | 2.2% | £108,563 |
| May 2024 | 1.7% | £106,273 |
| May 2023 | 1.6% | £104,494 |
| May 2022 | 7.7% | £102,812 |
| May 2021 | 6% | £95,492 |
| May 2020 | 1.1% | £90,120 |
| May 2019 | 0.6% | £89,100 |
| May 2018 | -0.9% | £88,552 |
| May 2017 | 2.1% | £89,353 |
| May 2016 | 0.9% | £87,493 |
| May 2015 | 1.6% | £86,673 |
| May 2014 | 2.2% | £85,319 |
| May 2013 | -1% | £83,508 |
| May 2012 | -1.3% | £84,326 |
| May 2011 | -1.3% | £85,478 |
| May 2010 | 0.5% | £86,632 |
| May 2009 | -12.5% | £86,184 |
| May 2008 | 0.8% | £98,509 |
| May 2007 | 0% | £97,691 |
The current average rental value in the building is £571.
The Gressingham House Gressingham Drive Rental Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £571pcm |
| May 2025 | 4.8% | £549pcm |
| May 2024 | 10.5% | £524pcm |
| May 2023 | 2.6% | £474pcm |
| May 2022 | 8% | £461pcm |
| May 2021 | -0.1% | £427pcm |
| May 2020 | 2% | £428pcm |
| May 2019 | 1.6% | £419pcm |
| May 2018 | -1% | £413pcm |
| May 2017 | -0.8% | £417pcm |
| May 2016 | 1.3% | £420pcm |
| May 2015 | -1.6% | £415pcm |
| May 2014 | 1.2% | £421pcm |
| May 2013 | -1.2% | £416pcm |
| May 2012 | -1% | £421pcm |
| May 2011 | 3.1% | £426pcm |
| May 2010 | -0.3% | £413pcm |
| May 2009 | -2.8% | £414pcm |
| May 2008 | 2.8% | £426pcm |
| May 2007 | 0% | £414pcm |
The last sale was on 18th December 2020 for £100,000 and since then the market in the area has increased by 14.4%. The building has had a total of 3 sales since 1995.
Gressingham House, Gressingham Drive, Lancaster, LA1 4RG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Gressingham House, Gressingham Drive, Lancaster, LA1 4RG is Lancaster station which is 2.6 kilometres away.
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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 Gressingham House, Gressingham Drive, Lancaster, LA1 4RG, 65.5% of property is socially rented and 14.7% is privately owned with a mortgage.
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 Gressingham House, Gressingham Drive, Lancaster, LA1 4RG, 13.0% of residents are recorded as possessing school level qualifications and 20.0% 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 Gressingham House, Gressingham Drive, Lancaster, LA1 4RG, the average age was 40.4 and the most common age was 22.
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 Gressingham House, Gressingham Drive, Lancaster, LA1 4RG, 0.0% 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 Gressingham House, Gressingham Drive, Lancaster, LA1 4RG, 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.