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According to the public record, 24, Cotton Square, Lancaster is a modern freehold house with 828 ft2 of internal area and sits on a 175 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 24, Cotton Square, Lancaster is £119,158 and the estimated rental value is £697 per month.
Cotton Square, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
24, Cotton Square, Lancaster has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated January 2019.
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 24, Cotton Square, Lancaster is in very good condition we estimate a sale value of £125,116 and a rental value of £732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,817 and a rental value of £648 per month.
Over the last 12 months the sale value of 24 Cotton Square Lancaster has increased by an estimated £677 (0.6%) and its rental value has increased by an estimated £26 per month (3.7%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 24, Cotton Square, Lancaster sits on a plot of 175m2.
We have plot size data on 35 out of 50 other houses in the postcode and 24, Cotton Square, Lancaster sits on the 24th largest plot.
24, Cotton Square, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2019.
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, 24, Cotton Square, Lancaster was last sold on 17th May 2019 for £181,445 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 46.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Cotton Square, Lancaster within a radius of 640 metres over the last 2 years.
The most recent example is 18, Cotton Square, Lancaster, LA1 5US, a freehold house which sold for £250,000 on the 15th December 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cotton Square, Lancaster, LA1 has a total of 50 addresses. According to our analysis of all the public data, 24, Cotton Square, Lancaster is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in LA1.
The closest station to 24, Cotton Square, Lancaster is Lancaster station which is 800 metres 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 24, Cotton Square, Lancaster, % of property is and % is .
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 24, Cotton Square, Lancaster, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 24, Cotton Square, 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 24, Cotton Square, Lancaster, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.