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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 15, Grasmere Road, Lancaster is a period freehold house with 365 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Grasmere Road, Lancaster is £142,226 and the estimated rental value is £626 per month.
Grasmere Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
15, Grasmere Road, Lancaster has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 15, Grasmere Road, Lancaster is in very good condition we estimate a sale value of £149,338 and a rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,271 and a rental value of £582 per month.
Over the last 12 months the sale value of 15 Grasmere Road Lancaster has increased by an estimated £879 (0.6%) and its rental value has increased by an estimated £23 per month (3.7%), giving an expected gross yield of 5.3%.
15, Grasmere Road, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 15, Grasmere Road, Lancaster was last sold on 16th December 2014 for £85,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2014, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 480 metres radius of 15, Grasmere Road, Lancaster over the last 2 years.
The most recent example is 9, Grasmere Road, Lancaster, LA1 3HE, a freehold house which sold for £140,000 on the 20th August 2021.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Road, Lancaster, LA1 has a total of 89 addresses. According to our analysis of all the public data, 15, Grasmere Road, Lancaster is the 89th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in LA1.
The closest station to 15, Grasmere Road, Lancaster is Lancaster station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 15, Grasmere Road, Lancaster, 46.0% of property is privately owned outright and 27.0% 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 15, Grasmere Road, Lancaster, 20.1% of residents are recorded as possessing school level qualifications and 53.0% 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 15, Grasmere Road, Lancaster, the average age was 37.9 and the most common age was 37.
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 15, Grasmere Road, Lancaster, 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 15, Grasmere Road, Lancaster, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
