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According to the public record, 23, Armitage Way, Lancaster is a modern freehold house with 936 ft2 of internal area and sits on a 250 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 23, Armitage Way, Lancaster is £312,746 and the estimated rental value is £1,255 per month.
Armitage Way, Galgate, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
23, Armitage Way, Lancaster has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 23, Armitage Way, Lancaster is in very good condition we estimate a sale value of £328,384 and a rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,854 and a rental value of £1,168 per month.
Over the last 12 months the sale value of 23 Armitage Way Lancaster has increased by an estimated £1,116 (0.4%) and its rental value has increased by an estimated £39 per month (3.1%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 23, Armitage Way, Lancaster sits on a plot of 250m2.
We have plot size data on 44 out of 44 other houses in the postcode and 23, Armitage Way, Lancaster sits on the 30th largest plot.
23, Armitage Way, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Aug 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Armitage Way, Lancaster was last sold on 5th September 2016 for £209,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen 68.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Armitage Way, Lancaster within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 16, Armitage Way, Lancaster, LA2 0BN, a freehold house which sold for £260,500 on the 19th August 2022.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Armitage Way, Galgate, Lancaster, LA2 has a total of 48 addresses. According to our analysis of all the public data, 23, Armitage Way, Lancaster is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in LA2.
The closest station to 23, Armitage Way, Lancaster is Lancaster station which is 6.5 kilometres 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 23, Armitage Way, Lancaster, 46.3% of property is privately owned with a mortgage and 23.2% 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 23, Armitage Way, Lancaster, 21.5% of residents are recorded as possessing school level qualifications and 52.2% 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 23, Armitage Way, 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 23, Armitage Way, Lancaster, 0.2% 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 23, Armitage Way, 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.