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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Ridge Lane, Lancaster is a period house with 1,819 ft2 of internal area and sits on a 77.4 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Ridge Lane, Lancaster is £590,737 and the estimated rental value is £1,867 per month.
Ridge Lane, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
3, Ridge Lane, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2016.
We combine this information with public data 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, Ridge Lane, Lancaster is in very good condition we estimate a sale value of £620,274 and a rental value of £1,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,385 and a rental value of £1,736 per month.
Over the last 12 months the sale value of 3 Ridge Lane Lancaster has decreased by an estimated £2,880 (0.5%) and its rental value has increased by an estimated £49 per month (2.7%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 3, Ridge Lane, Lancaster sits on a plot of 77m2.
We have plot size data on 2 out of 3 other houses in the postcode and 3, Ridge Lane, Lancaster sits on the 2nd largest plot.
3, Ridge Lane, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2016.
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, Ridge Lane, Lancaster was last sold on 2nd September 2005 for £62,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3, Ridge Lane, Lancaster within a radius of 470 metres over the last 2 years.
The most recent example is 34, Borrowdale Road, Lancaster, LA1 3EU, a freehold house which sold for £525,000 on the 17th August 2020.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridge Lane, Lancaster, LA1 has a total of 3 addresses. According to our analysis of all the public data, 3, Ridge Lane, Lancaster is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £378k more expensive than the average property in LA1.
The closest station to 3, Ridge Lane, Lancaster is Lancaster station which is 1.2 kilometres away.
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, Ridge Lane, Lancaster, % of property is and % is .
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, Ridge Lane, Lancaster, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Ridge Lane, 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, Ridge Lane, Lancaster, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
