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According to the public record, 22, Castle Park, Lancaster is a period freehold house with 3,250 ft2 of internal area and sits on a 357 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 22, Castle Park, Lancaster is £837,443 and the estimated rental value is £2,330 per month.
Castle Park, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
22, Castle Park, Lancaster has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated November 2021.
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 22, Castle Park, Lancaster is in very good condition we estimate a sale value of £879,316 and a rental value of £2,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £778,822 and a rental value of £2,167 per month.
Over the last 12 months the sale value of 22 Castle Park Lancaster has decreased by an estimated £6,694 (0.8%) and its rental value has increased by an estimated £64 per month (2.7%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 22, Castle Park, Lancaster sits on a plot of 357m2.
We have plot size data on 9 out of 10 other houses in the postcode and 22, Castle Park, Lancaster sits on the 5th largest plot.
22, Castle Park, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Nov 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to HM Land Registry, 22, Castle Park, Lancaster was last sold on 29th April 2022 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Castle Park, Lancaster within a radius of 450 metres over the last 2 years.
The most recent example is 6, High Street, Lancaster, LA1 1LA, a freehold house which sold for £635,000 on the 31st January 2019.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Park, Lancaster, LA1 has a total of 21 addresses. According to our analysis of all the public data, 22, Castle Park, Lancaster is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £592k more expensive than the average property in LA1.
The closest station to 22, Castle Park, Lancaster is Lancaster station which is 200 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 22, Castle Park, Lancaster, 46.9% of property is privately rented and 27.8% 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 22, Castle Park, Lancaster, 32.3% of residents are recorded as possessing school level qualifications and 52.8% 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 22, Castle Park, Lancaster, the average age was 32.3 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 22, Castle Park, Lancaster, 0.0% 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 22, Castle Park, Lancaster, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
