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According to the public record, 3, Grasmere Road, Lancaster is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 833 ft2 of internal area and sits on a 98.9 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Grasmere Road, Lancaster is £228,115 and the estimated rental value is £961 per month.
Grasmere Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
3, Grasmere Road, Lancaster has 21 entries in the Land Registry , most recently in November 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Grasmere Road, Lancaster is in very good condition we estimate a sale value of £239,521 and a rental value of £1,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,147 and a rental value of £894 per month.
Over the last 12 months the sale value of 3 Grasmere Road Lancaster has increased by an estimated £1,296 (0.6%) and its rental value has increased by an estimated £35 per month (3.7%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 3, Grasmere Road, Lancaster sits on a plot of 99m2.
We have plot size data on 34 out of 46 other houses in the postcode and 3, Grasmere Road, Lancaster sits on the 27th largest plot.
According to HM Land Registry, 3, Grasmere Road, Lancaster was last sold on 11th November 2011 for £130,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2011, the market for similar properties has risen 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Grasmere Road, Lancaster within a radius of 490 metres over the last 2 years.
The most recent example is 62, Grasmere Road, Lancaster, LA1 3HB, a freehold house which sold for £249,950 on the 16th September 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Road, Lancaster, LA1 has a total of 89 addresses. According to our analysis of all the public data, 3, Grasmere Road, Lancaster is the 33rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in LA1.
The closest station to 3, Grasmere Road, Lancaster is Lancaster station which is 1.3 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, Grasmere Road, Lancaster, 46.0% of property is privately owned outright and 27.0% is privately owned with a mortgage.
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 3, Grasmere Road, Lancaster, 20.1% of residents are recorded as possessing school level qualifications and 53.0% 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 3, Grasmere Road, Lancaster, the average age was 37.9 and the most common age was 37.
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 3, Grasmere 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 3, Grasmere Road, Lancaster, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.