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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, 2, Hutton Way, Lancaster is a modern freehold house with 688 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hutton Way, Lancaster is £173,114 and the estimated rental value is £910 per month.
Hutton Way, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
2, Hutton Way, Lancaster has 41 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Hutton Way, Lancaster is in very good condition we estimate a sale value of £181,770 and a rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,996 and a rental value of £847 per month.
Over the last 12 months the sale value of 2 Hutton Way Lancaster has increased by an estimated £984 (0.6%) and its rental value has increased by an estimated £34 per month (3.7%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, Hutton Way, Lancaster sits on a plot of 139m2.
We have plot size data on 13 out of 13 other houses in the postcode and 2, Hutton Way, Lancaster sits on the 4th largest plot.
2, Hutton Way, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Hutton Way, Lancaster was last sold on 15th December 2023 for £150,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2023, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hutton Way, Lancaster within a radius of 550 metres over the last 2 years.
The most recent example is 5, Hutton Way, Lancaster, LA1 5SQ, a freehold house which sold for £165,000 on the 12th July 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hutton Way, Lancaster, LA1 has a total of 13 addresses. According to our analysis of all the public data, 2, Hutton Way, Lancaster is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in LA1.
The closest station to 2, Hutton Way, Lancaster is Lancaster station which is 500 metres 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 2, Hutton Way, Lancaster, 40.0% of property is privately rented and 33.3% 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 2, Hutton Way, Lancaster, 10.3% of residents are recorded as possessing school level qualifications and 42.4% 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 2, Hutton Way, Lancaster, the average age was 39.7 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 2, Hutton Way, Lancaster, 1.5% 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 2, Hutton Way, Lancaster, 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.
