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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, Towneley Close, Lancaster is a modern freehold house with 1,485 ft2 of internal area and sits on a 352 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, Towneley Close, Lancaster is £452,040 and the estimated rental value is £1,391 per month.
Towneley Close, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
2, Towneley Close, Lancaster has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated April 2015.
We combine this information with that 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, Towneley Close, Lancaster is in very good condition we estimate a sale value of £474,642 and a rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,398 and a rental value of £1,294 per month.
Over the last 12 months the sale value of 2 Towneley Close Lancaster has increased by an estimated £1,377 (0.3%) and its rental value has increased by an estimated £50 per month (3.6%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Towneley Close, Lancaster sits on a plot of 352m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Towneley Close, Lancaster sits on the 8th largest plot.
2, Towneley Close, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2015.
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, Towneley Close, Lancaster was last sold on 2nd October 2018 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has dropped 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Towneley Close, Lancaster within a radius of 660 metres over the last 2 years.
The most recent example is 263, Willow Lane, Lancaster, LA1 5UB, a freehold house which sold for £475,000 on the 12th December 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Towneley Close, Lancaster, LA1 has a total of 8 addresses. According to our analysis of all the public data, 2, Towneley Close, Lancaster is the largest and the most expensive property on the street.
When compared to the postcode district it is £239k more expensive than the average property in LA1.
The closest station to 2, Towneley Close, Lancaster is Lancaster station which is 700 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, Towneley Close, Lancaster, 57.6% of property is privately owned outright and 35.6% 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, Towneley Close, Lancaster, 14.3% of residents are recorded as possessing school level qualifications and 55.2% 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, Towneley Close, 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, Towneley Close, Lancaster, 0.7% 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, Towneley Close, 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.
