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According to the public record, 4, Rectory Paddock, Lancaster is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,026 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Rectory Paddock, Lancaster is £500,309 and the estimated rental value is £1,633 per month.
Rectory Paddock, Halton, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
4, Rectory Paddock, Lancaster has a single entry in the Land Registry from October 2011 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 1 out of 5 and is considered of low 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 4, Rectory Paddock, Lancaster is in very good condition we estimate a sale value of £525,324 and a rental value of £1,715 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,287 and a rental value of £1,519 per month.
Over the last 12 months the sale value of 4 Rectory Paddock Lancaster has decreased by an estimated £434 (0.1%) and its rental value has increased by an estimated £47 per month (2.9%), giving an expected gross yield of 3.9%.
According to HM Land Registry, 4, Rectory Paddock, Lancaster was last sold on 28th October 2011 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2011, the market for similar properties has risen 54.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Rectory Paddock, Lancaster within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 3, Rectory Paddock, Lancaster, LA2 6LL, a freehold house which sold for £525,000 on the 27th October 2022.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Paddock, Halton, Lancaster, LA2 has a total of 5 addresses. According to our analysis of all the public data, 4, Rectory Paddock, Lancaster is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in LA2.
The closest station to 4, Rectory Paddock, Lancaster is Lancaster station which is 4.3 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 4, Rectory Paddock, Lancaster, % of property is and % is .
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 4, Rectory Paddock, Lancaster, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 4, Rectory Paddock, Lancaster, 0.0% 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 4, Rectory Paddock, Lancaster, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.