38, Africa Drive
38, Africa Drive
Description & Estimates
According to the public record, 38, Africa Drive, Lancaster is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 994 ft2 of internal area 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 38, Africa Drive, Lancaster is £262,694 and the estimated rental value is £878 per month.
Africa Drive, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
38, Africa Drive, Lancaster has a single entry in the Land Registry from September 2016 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 38, Africa Drive, Lancaster is in very good condition we estimate a sale value of £275,829 and a rental value of £922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,305 and a rental value of £817 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Africa Drive, Lancaster has fallen by £606 (0.2%), while its estimated rental value has moved up by £31 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Sold Prices
According to HM Land Registry, 38, Africa Drive, Lancaster was last sold on 30th September 2016 for £186,995 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen by 60.1%.
- Sold Sep 2016£186,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Africa Drive, Lancaster within a radius of 670 metres over the last 2 years.
The most recent example is 49, Africa Drive, Lancaster, LA1 5TZ, a leasehold house which sold for £300,000 on the 3rd March 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Africa Drive, Lancaster, LA1 has a total of 78 addresses. According to our analysis of all the public data, 38, Africa Drive, Lancaster is the 29th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in LA1.
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Schools Nearby
- 400mWillow Lane Community Primary School
- 1.1kmMorecambe and Heysham Grosvenor Park Primary School
- 1.2kmLancaster Ryelands Primary School
- 1.3kmLancaster Girls' Grammar School
- 1.3kmOur Lady's Catholic College
- 1.7kmRipley St Thomas Church of England Academy
More reading links
Public Transport Nearby
The closest station to 38, Africa Drive, Lancaster is Lancaster station, which is 900 metres away.
- 900mLancaster
- 2.9kmBare Lane
- 3.9kmMorecambe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
