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According to the public record, 3 Albert Cottage, Lancaster is a period freehold house with 904 ft2 of internal area and sits on a 49.2 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 3 Albert Cottage, Lancaster is £356,222 and the estimated rental value is £1,321 per month.
Lower Bentham, Lancaster, LA2 is located within the LA2 postal district.
3 Albert Cottage, Lancaster has 51 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated July 2023.
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 3 Albert Cottage, Lancaster is in very good condition we estimate a sale value of £374,033 and a rental value of £1,387 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,286 and a rental value of £1,229 per month.
Over the last 12 months the sale value of 3 Albert Cottage Lancaster has increased by an estimated £1,244 (0.3%) and its rental value has increased by an estimated £44 per month (3.4%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 3 Albert Cottage, Lancaster sits on a plot of 49m2.
We have plot size data on 3 out of 7 other houses in the postcode and 3 Albert Cottage, Lancaster sits on the 3rd largest plot.
3 Albert Cottage, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2023.
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, 3 Albert Cottage, Lancaster was last sold on 17th December 2015 for £125,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since December 2015, the market for similar properties has risen 47.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Albert Cottage, Lancaster within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 2 Albert Cottage, Lancaster, LA2 7DS, a freehold house which sold for £145,000 on the 21st June 2019.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Bentham, Lancaster, LA2 has a total of 47 addresses. According to our analysis of all the public data, 3 Albert Cottage, Lancaster is the 37th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in LA2.
The closest station to 3 Albert Cottage, Lancaster is Bentham station which is 1.8 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 3 Albert Cottage, Lancaster, 38.8% of property is privately owned outright and 32.9% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 3 Albert Cottage, Lancaster, 16.8% of residents are recorded as possessing school level qualifications and 42.2% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3 Albert Cottage, Lancaster, the average age was 48.5 and the most common age was 62.
The graph below shows how this compares to Yorkshire and The Humber 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 3 Albert Cottage, Lancaster, 1.6% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 3 Albert Cottage, Lancaster, there are an average of 1.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
