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According to the public record, 39, St. Michaels Gardens, Lancaster is a modern freehold house with 1,646 ft2 of internal area.
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 39, St. Michaels Gardens, Lancaster is £353,675 and the estimated rental value is £1,460 per month.
St. Michaels Gardens, Cockerham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
39, St. Michaels Gardens, Lancaster has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 39, St. Michaels Gardens, Lancaster is in very good condition we estimate a sale value of £371,358 and a rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,917 and a rental value of £1,358 per month.
Over the last 12 months the sale value of 39 St. Michaels Gardens Lancaster has decreased by an estimated £307 (0.1%) and its rental value has increased by an estimated £42 per month (2.9%), giving an expected gross yield of 5%.
39, St. Michaels Gardens, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 39, St. Michaels Gardens, Lancaster was last sold on 17th November 2022 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, St. Michaels Gardens, Lancaster within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Woodlands, Garstang Road, Lancaster, LA2 0EG, a freehold house which sold for £320,000 on the 7th September 2020.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Michaels Gardens, Cockerham, Lancaster, LA2 has a total of 21 addresses. According to our analysis of all the public data, 39, St. Michaels Gardens, Lancaster is the largest and the most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in LA2.
The closest station to 39, St. Michaels Gardens, Lancaster is Lancaster station which is 9.6 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 39, St. Michaels Gardens, Lancaster, 39.7% of property is privately owned outright and 33.8% 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 39, St. Michaels Gardens, Lancaster, 16.2% of residents are recorded as possessing school level qualifications and 39.3% 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 39, St. Michaels Gardens, Lancaster, the average age was 34.2 and the most common age was 17.
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 39, St. Michaels Gardens, Lancaster, 0.6% 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 39, St. Michaels Gardens, Lancaster, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.