37, Banks Way
37, Banks Way
Description & Estimates
The public record describes 37, Banks Way, Lancaster as a mid-century house with 430 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
37, Banks Way, Lancaster has an estimated sale value of £118,505 and an estimated rental value of £751 per month, assuming reasonable condition and based on the information available.
Banks Way, Bentham, Lancaster, LA2 lies within the LA2 postal district.
Our Data Sources
37, Banks Way, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 37, Banks Way, Lancaster would be worth £124,431, with a potential rental value of £788 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,210, with a rental value of £698 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 37, Banks Way, Lancaster has grown by £951 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (4.0%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
37, Banks Way, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 3.2 kilometres of 37, Banks Way, Lancaster across the last 2 years.
Most recently, 3 Jubilee Buildings, Main Street, Lancaster, LA2 7HR, a freehold house, sold at £95,000 on the 25th May 2018.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 37, Banks Way, Lancaster as the 41st largest and the 41st most expensive of the 42 addresses on Banks Way, Bentham, Lancaster, LA2.
Against the LA2 postcode district average, it is £202k less expensive than the typical property.
More reading links
Schools Nearby
- 600mBentham Community Primary School
- 4.1kmIngleton Primary School
- 4.8kmTatham Fells Church of England Voluntary Controlled Primary School
- 10.9kmQueen Elizabeth School
- 10.9kmQueen Elizabeth Studio School
- 15.7kmSettle College
More reading links
Public Transport Nearby
Bentham station is the nearest stop to 37, Banks Way, Lancaster at 500 metres away.
- 500mBentham
- 5.0kmWennington
- 6.8kmClapham (North Yorkshire)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
