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According to the public record, 27, Cedar Road, Lancaster is a early-century freehold house with 785 ft2 of internal area and sits on a 106 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 27, Cedar Road, Lancaster is £114,351 and the estimated rental value is £678 per month.
Cedar Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
27, Cedar Road, Lancaster has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated December 2021.
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 27, Cedar Road, Lancaster is in very good condition we estimate a sale value of £120,068 and a rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,346 and a rental value of £631 per month.
Over the last 12 months the sale value of 27 Cedar Road Lancaster has increased by an estimated £650 (0.6%) and its rental value has increased by an estimated £25 per month (3.7%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 27, Cedar Road, Lancaster sits on a plot of 106m2.
We have plot size data on 9 out of 29 other houses in the postcode and 27, Cedar Road, Lancaster sits on the 4th largest plot.
27, Cedar Road, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Dec 2021.
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, 27, Cedar Road, Lancaster was last sold on 15th July 2022 for £115,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2022, the market for similar properties has risen 48.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Cedar Road, Lancaster within a radius of 460 metres over the last 2 years.
The most recent example is 14, Chestnut Grove, Lancaster, LA1 5RW, a freehold house which sold for £122,000 on the 14th March 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Road, Lancaster, LA1 has a total of 43 addresses. According to our analysis of all the public data, 27, Cedar Road, Lancaster is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in LA1.
The closest station to 27, Cedar Road, Lancaster is Lancaster station which is 500 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 27, Cedar Road, Lancaster, 61.5% of property is socially rented and 13.3% is privately rented.
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 27, Cedar Road, Lancaster, 27.6% of residents are recorded as possessing school level qualifications and 19.9% 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 27, Cedar Road, 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 27, Cedar Road, 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 27, Cedar Road, 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.
