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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
According to the public record, 2 Mill Cottages, Lancaster is a period house with 818 ft2 of internal area and sits on a 116 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 Mill Cottages, Lancaster is £292,480 and the estimated rental value is £1,241 per month.
Thurnham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
2 Mill Cottages, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2019.
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.
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 Mill Cottages, Lancaster is in very good condition we estimate a sale value of £307,104 and a rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,007 and a rental value of £1,154 per month.
Over the last 12 months the sale value of 2 Mill Cottages Lancaster has increased by an estimated £1,021 (0.3%) and its rental value has increased by an estimated £42 per month (3.4%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 2 Mill Cottages, Lancaster sits on a plot of 116m2.
We have plot size data on 1 out of 3 other houses in the postcode and 2 Mill Cottages, Lancaster sits on the largest plot.
2 Mill Cottages, Lancaster has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 16 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2 Mill Cottages, Lancaster was last sold on 2nd June 2003 for £57,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Mill Cottages, Lancaster within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Condorside, Conder Green Road, Lancaster, LA2 0BG, a freehold house which sold for £235,000 on the 19th July 2021.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thurnham, Lancaster, LA2 has a total of 37 addresses. According to our analysis of all the public data, 2 Mill Cottages, Lancaster is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in LA2.
The closest station to 2 Mill Cottages, Lancaster is Lancaster station which is 6.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Mill Cottages, Lancaster, 49.6% of property is privately owned outright and 35.3% 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 Mill Cottages, Lancaster, 18.8% of residents are recorded as possessing school level qualifications and 41.4% 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 Mill Cottages, Lancaster, the average age was 34.2 and the most common age was 17.
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 Mill Cottages, Lancaster, 2.1% 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 Mill Cottages, Lancaster, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
