Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Park Meadow, Lancaster is a modern freehold house with 3,164 ft2 of internal area and sits on a 1,104 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Park Meadow, Lancaster is £995,611 and the estimated rental value is £2,770 per month.
Park Meadow, Aldcliffe, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
2, Park Meadow, Lancaster has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Park Meadow, Lancaster is in very good condition we estimate a sale value of £1,045,392 and a rental value of £2,909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £925,919 and a rental value of £2,576 per month.
Over the last 12 months the sale value of 2 Park Meadow Lancaster has decreased by an estimated £7,958 (0.8%) and its rental value has increased by an estimated £76 per month (2.7%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 2, Park Meadow, Lancaster sits on a plot of 1104m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Park Meadow, Lancaster sits on the 3rd largest plot.
2, Park Meadow, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 2, Park Meadow, Lancaster was last sold on 28th August 2020 for £825,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2020, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Meadow, Lancaster within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Aldercliffe, Haverbreaks Road, Lancaster, LA1 5BJ, a freehold house which sold for £800,000 on the 18th June 2021.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Meadow, Aldcliffe, Lancaster, LA1 has a total of 3 addresses. According to our analysis of all the public data, 2, Park Meadow, Lancaster is the largest and the most expensive property on the street.
When compared to the postcode district it is £751k more expensive than the average property in LA1.
The closest station to 2, Park Meadow, Lancaster is Lancaster station which is 1.5 kilometres 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, Park Meadow, Lancaster, 62.3% of property is privately owned outright and 32.6% 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, Park Meadow, Lancaster, 16.6% of residents are recorded as possessing school level qualifications and 58.9% 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, Park Meadow, 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, Park Meadow, Lancaster, 3.7% 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, Park Meadow, Lancaster, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
