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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 4, Springfield Street, Lancaster is a period freehold house with 804 ft2 of internal area and sits on a 101 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Springfield Street, Lancaster is £243,570 and the estimated rental value is £842 per month.
Springfield Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
4, Springfield Street, Lancaster has 31 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated August 2011.
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 4, Springfield Street, Lancaster is in very good condition we estimate a sale value of £255,749 and a rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,521 and a rental value of £783 per month.
Over the last 12 months the sale value of 4 Springfield Street Lancaster has decreased by an estimated £562 (0.2%) and its rental value has increased by an estimated £29 per month (3.5%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 4, Springfield Street, Lancaster sits on a plot of 101m2.
We have plot size data on 22 out of 22 other houses in the postcode and 4, Springfield Street, Lancaster sits on the 12th largest plot.
4, Springfield Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Springfield Street, Lancaster was last sold on 7th March 2012 for £148,250 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2012, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Springfield Street, Lancaster within a radius of 440 metres over the last 2 years.
The most recent example is 14, Springfield Street, Lancaster, LA1 4XL, a freehold house which sold for £193,000 on the 28th July 2022.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Street, Lancaster, LA1 has a total of 22 addresses. According to our analysis of all the public data, 4, Springfield Street, Lancaster is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in LA1.
The closest station to 4, Springfield Street, Lancaster is Lancaster station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Springfield Street, Lancaster, 76.6% of property is privately rented and 9.4% 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 4, Springfield Street, Lancaster, 54.5% of residents are recorded as possessing school level qualifications and 52.6% 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 4, Springfield Street, Lancaster, the average age was 32.3 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 4, Springfield Street, 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, Springfield Street, Lancaster, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
