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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, Lakeber Drive, Lancaster is a period freehold house with 1,937 ft2 of internal area and sits on a 903 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 2, Lakeber Drive, Lancaster is £428,474 and the estimated rental value is £1,583 per month.
Lakeber Drive, Bentham, Lancaster, LA2 is located within the LA2 postal district.
2, Lakeber Drive, Lancaster has 31 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated July 2014.
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.
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, Lakeber Drive, Lancaster is in very good condition we estimate a sale value of £449,898 and a rental value of £1,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,481 and a rental value of £1,472 per month.
Over the last 12 months the sale value of 2 Lakeber Drive Lancaster has decreased by an estimated £372 (0.1%) and its rental value has increased by an estimated £46 per month (2.9%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Lakeber Drive, Lancaster sits on a plot of 903m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Lakeber Drive, Lancaster sits on the 2nd largest plot.
2, Lakeber Drive, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jul 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lakeber Drive, Lancaster was last sold on 20th December 2018 for £358,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2018, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lakeber Drive, Lancaster within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 6, Lakeber Drive, Lancaster, LA2 7AD, a freehold house which sold for £375,000 on the 25th October 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakeber Drive, Bentham, Lancaster, LA2 has a total of 23 addresses. According to our analysis of all the public data, 2, Lakeber Drive, Lancaster is the largest and the most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in LA2.
The closest station to 2, Lakeber Drive, Lancaster is Bentham station which is 700 metres away.
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, Lakeber Drive, Lancaster, 70.1% of property is privately owned outright and 18.8% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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, Lakeber Drive, Lancaster, 9.8% of residents are recorded as possessing school level qualifications and 38.3% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lakeber Drive, Lancaster, the average age was 48.5 and the most common age was 62.
The graph below shows how this compares to Yorkshire and The Humber 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, Lakeber Drive, Lancaster, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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, Lakeber Drive, Lancaster, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
