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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, Powderhouse Lane, Lancaster is a period house with 592 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Powderhouse Lane, Lancaster is £148,816 and the estimated rental value is £795 per month.
Powderhouse Lane, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
2, Powderhouse Lane, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
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, Powderhouse Lane, Lancaster is in very good condition we estimate a sale value of £156,257 and a rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,399 and a rental value of £740 per month.
Over the last 12 months the sale value of 2 Powderhouse Lane Lancaster has decreased by an estimated £437 (0.3%) and its rental value has increased by an estimated £27 per month (3.4%), giving an expected gross yield of 6.4%.
2, Powderhouse Lane, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 2020.
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, Powderhouse Lane, Lancaster was last sold on 24th November 2006 for £125,000 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, Powderhouse Lane, Lancaster within a radius of 640 metres over the last 2 years.
The most recent example is 15, Leycester Drive, Lancaster, LA1 5HW, a freehold house which sold for £175,000 on the 26th September 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Powderhouse Lane, Lancaster, LA1 has a total of 5 addresses. According to our analysis of all the public data, 2, Powderhouse Lane, Lancaster is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in LA1.
The closest station to 2, Powderhouse Lane, Lancaster is Lancaster station which is 1.7 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, Powderhouse Lane, Lancaster, 48.4% of property is privately owned with a mortgage and 46.8% is privately owned outright.
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, Powderhouse Lane, Lancaster, 18.1% of residents are recorded as possessing school level qualifications and 33.8% 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, Powderhouse Lane, Lancaster, the average age was 43.1 and the most common age was 52.
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, Powderhouse Lane, Lancaster, 0.6% 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, Powderhouse Lane, Lancaster, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
