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Company No. 11113204
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According to the public record, 3, Wakefield Drive, Lancaster is a early-century freehold house with 1,227 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Wakefield Drive, Lancaster is £338,554 and the estimated rental value is £1,135 per month.
Wakefield Drive, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
3, Wakefield Drive, Lancaster has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated August 2014.
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, Wakefield Drive, Lancaster is in very good condition we estimate a sale value of £355,482 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,856 and a rental value of £1,056 per month.
Over the last 12 months the sale value of 3 Wakefield Drive Lancaster has increased by an estimated £1,032 (0.3%) and its rental value has increased by an estimated £41 per month (3.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 3, Wakefield Drive, Lancaster sits on a plot of 249m2.
We have plot size data on 9 out of 11 other houses in the postcode and 3, Wakefield Drive, Lancaster sits on the 3rd largest plot.
3, Wakefield Drive, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Wakefield Drive, Lancaster was last sold on 21st November 2014 for £182,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2014, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Wakefield Drive, Lancaster within a radius of 570 metres over the last 2 years.
The most recent example is 48, Barton Road, Lancaster, LA1 4EP, a freehold house which sold for £252,000 on the 12th December 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Drive, Lancaster, LA1 has a total of 11 addresses. According to our analysis of all the public data, 3, Wakefield Drive, Lancaster is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in LA1.
The closest station to 3, Wakefield Drive, Lancaster is Lancaster station which is 2.1 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, Wakefield Drive, Lancaster, 50.8% of property is privately owned outright and 25.0% 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, Wakefield Drive, Lancaster, 29.0% of residents are recorded as possessing school level qualifications and 47.7% 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, Wakefield Drive, Lancaster, the average age was 40.4 and the most common age was 22.
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, Wakefield Drive, Lancaster, 1.1% 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, Wakefield Drive, Lancaster, 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.
