18, Somerset Avenue
18, Somerset Avenue
Description & Estimates
According to the public record, 18, Somerset Avenue, Lancaster is an early-century house with 1,367 ft2 of internal area and sits on a 349 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Somerset Avenue, Lancaster is £258,771 and the estimated rental value is £994 per month.
Somerset Avenue, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
18, Somerset Avenue, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 18, Somerset Avenue, Lancaster is in very good condition we estimate a sale value of £271,710 and a rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,657 and a rental value of £925 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Somerset Avenue, Lancaster has decreased by £1,212 (0.5%), while its estimated rental value has grown by £30 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 18, Somerset Avenue, Lancaster sits on a plot of 349 m2.
We have plot size data on 33 out of 38 other houses in the postcode and 18, Somerset Avenue, Lancaster sits on the largest plot.
Energy Efficiency
18, Somerset Avenue, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 18, Somerset Avenue, Lancaster was last sold on 12th October 2006 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Oct 2006£185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Somerset Avenue, Lancaster within a radius of 410 metres over the last 2 years.
The most recent example is 7, Wellington Road, Lancaster, LA1 4DN, a freehold house which sold for £185,000 on the 2nd December 2022.
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
Somerset Avenue, Lancaster, LA1 has a total of 38 addresses. According to our analysis of all the public data, 18, Somerset Avenue, Lancaster is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in LA1.
More reading links
Schools Nearby
- 200mBowerham Primary & Nursery School
- 800mSt Bernadette's Catholic Primary School, Lancaster
- 800mScotforth St Paul's Church of England Primary and Nursery School
- 700mRipley St Thomas Church of England Academy
- 900mLancaster Royal Grammar School
- 1.1kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
The closest station to 18, Somerset Avenue, Lancaster is Lancaster station, which is 1.5 kilometres away.
- 1.5kmLancaster
- 5.0kmBare Lane
- 6.2kmMorecambe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
