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According to the public record, 25, Meadowside, Lancaster is a period freehold house with 1,108 ft2 of internal area.
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 25, Meadowside, Lancaster is £333,301 and the estimated rental value is £1,169 per month.
Meadowside, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
25, Meadowside, Lancaster has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 25, Meadowside, Lancaster is in very good condition we estimate a sale value of £349,966 and a rental value of £1,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,970 and a rental value of £1,087 per month.
Over the last 12 months the sale value of 25 Meadowside Lancaster has increased by an estimated £1,016 (0.3%) and its rental value has increased by an estimated £42 per month (3.6%), giving an expected gross yield of 4.2%.
25, Meadowside, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 25, Meadowside, Lancaster was last sold on 7th September 2023 for £329,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Meadowside, Lancaster within a radius of 440 metres over the last 2 years.
The most recent example is 2, Portland Place, Lancaster, LA1 1SX, a freehold house which sold for £325,000 on the 23rd June 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadowside, Lancaster, LA1 has a total of 26 addresses. According to our analysis of all the public data, 25, Meadowside, Lancaster is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in LA1.
The closest station to 25, Meadowside, Lancaster is Lancaster station which is 900 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 25, Meadowside, Lancaster, 47.4% of property is privately rented and 24.6% 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 25, Meadowside, Lancaster, 56.2% of residents are recorded as possessing school level qualifications and 42.4% 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 25, Meadowside, 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 25, Meadowside, Lancaster, 1.2% 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 25, Meadowside, Lancaster, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.