11, Richmond Avenue
11, Richmond Avenue
Description & Estimates
11, Richmond Avenue, Lancaster is recorded publicly as a mid-century freehold house across 699 ft2 of internal area, sitting on a 227 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 11, Richmond Avenue, Lancaster is £144,843 and its rental estimate is £829 per month, given the available information and assuming reasonable condition.
Richmond Avenue, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
Our Data Sources
11, Richmond Avenue, Lancaster has 2 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 11, Richmond Avenue, Lancaster, we estimate a market value of £152,085 and a rental value of £870 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,704 and £771 per month respectively.
Recent Market Change
Over the last year, 11, Richmond Avenue, Lancaster has seen its estimated sale value fall by £334 (0.2%) and its estimated rental value move up by £29 per month (3.5%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 11, Richmond Avenue, Lancaster as measuring 227 m2.
That makes it the 7th largest plot in the postcode, where 10 of the 15 other houses have recorded plot data.
Energy Efficiency
11, Richmond Avenue, Lancaster has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
The most recent sale of 11, Richmond Avenue, Lancaster completed on 12th August 2022 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 33.5% over the period since August 2022.
- Sold Aug 2022£165,000
- Sold May 2021£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Richmond Avenue, Lancaster have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th December 2023, was 33, Whalley Road, Lancaster, LA1 2HE, a freehold house which sold for £134,000.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Richmond Avenue, Lancaster, LA1, 11, Richmond Avenue, Lancaster comes out as the 46th largest and the 31st most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the LA1 district.
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Schools Nearby
- 300mSkerton St Luke's Church of England Primary School
- 700mSt Josephs Catholic Primary School, Lancaster
- 1.1kmLancaster Ryelands Primary School
- 1.3kmOur Lady's Catholic College
- 1.8kmLancaster High School
- 2.3kmLancaster Royal Grammar School
More reading links
Public Transport Nearby
From 11, Richmond Avenue, Lancaster, the nearest station is Lancaster, 2.1 kilometres away.
- 2.1kmLancaster
- 2.5kmBare Lane
- 4.6kmMorecambe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
