Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 3, Spring Bank, Carnforth is a period freehold house with 1,313 ft2 of internal area and sits on a 205 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, Spring Bank, Carnforth is £361,873 and the estimated rental value is £1,221 per month.
Spring Bank, Silverdale, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
3, Spring Bank, Carnforth has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated August 2020.
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 3, Spring Bank, Carnforth is in very good condition we estimate a sale value of £379,967 and a rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,542 and a rental value of £1,136 per month.
Over the last 12 months the sale value of 3 Spring Bank Carnforth has increased by an estimated £1,264 (0.3%) and its rental value has increased by an estimated £41 per month (3.4%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 3, Spring Bank, Carnforth sits on a plot of 205m2.
We have plot size data on 22 out of 23 other houses in the postcode and 3, Spring Bank, Carnforth sits on the 18th largest plot.
3, Spring Bank, Carnforth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2020.
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, Spring Bank, Carnforth was last sold on 30th July 2021 for £317,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has dropped 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Spring Bank, Carnforth within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 9, Spring Bank, Carnforth, LA5 0TD, a freehold house which sold for £357,500 on the 18th August 2023.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Bank, Silverdale, Carnforth, LA5 has a total of 31 addresses. According to our analysis of all the public data, 3, Spring Bank, Carnforth is the 18th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in LA5.
The closest station to 3, Spring Bank, Carnforth is Silverdale station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Spring Bank, Carnforth, 61.3% of property is privately owned outright and 20.7% 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, Spring Bank, Carnforth, 17.7% of residents are recorded as possessing school level qualifications and 58.7% 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, Spring Bank, 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, Spring Bank, 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, Spring Bank, Carnforth, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
