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According to the public record, 3, Midland Terrace, Carnforth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,074 ft2 of internal area and sits on a 217 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, Midland Terrace, Carnforth is £164,872 and the estimated rental value is £884 per month.
Midland Terrace, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
3, Midland Terrace, Carnforth has 41 entries in the Land Registry , most recently in May 2019 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 4 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, Midland Terrace, Carnforth is in very good condition we estimate a sale value of £173,116 and a rental value of £928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,331 and a rental value of £822 per month.
Over the last 12 months the sale value of 3 Midland Terrace Carnforth has increased by an estimated £576 (0.3%) and its rental value has increased by an estimated £30 per month (3.4%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 3, Midland Terrace, Carnforth sits on a plot of 217m2.
We have plot size data on 11 out of 12 other houses in the postcode and 3, Midland Terrace, Carnforth sits on the 11th largest plot.
According to HM Land Registry, 3, Midland Terrace, Carnforth was last sold on 10th May 2019 for £122,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2019, the market for similar properties has risen 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Midland Terrace, Carnforth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 13, Grange View, Carnforth, LA5 9HL, a freehold house which sold for £92,000 on the 22nd March 2024.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midland Terrace, Carnforth, LA5 has a total of 12 addresses. According to our analysis of all the public data, 3, Midland Terrace, Carnforth is the largest and the most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in LA5.
The closest station to 3, Midland Terrace, Carnforth is Carnforth 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 3, Midland Terrace, Carnforth, 41.1% of property is privately rented and 30.4% 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 3, Midland Terrace, Carnforth, 18.9% of residents are recorded as possessing school level qualifications and 23.6% 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, Midland Terrace, Carnforth, the average age was 46.9 and the most common age was 57.
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, Midland Terrace, Carnforth, 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 3, Midland Terrace, Carnforth, 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.