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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 46, Gressingham Drive, Lancaster is £209,433 and the estimated rental value is £981 per month.
Gressingham Drive, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
46, Gressingham Drive, Lancaster has 41 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated July 2016.
We combine this information with that 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.
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 46, Gressingham Drive, Lancaster is in very good condition we estimate a sale value of £219,904 and a rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,772 and a rental value of £912 per month.
Over the last 12 months the sale value of 46 Gressingham Drive Lancaster has increased by an estimated £1,190 (0.6%) and its rental value has increased by an estimated £36 per month (3.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 46, Gressingham Drive, Lancaster sits on a plot of 279m2.
We have plot size data on 29 out of 62 other houses in the postcode and 46, Gressingham Drive, Lancaster sits on the 7th largest plot.
46, Gressingham Drive, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2016.
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, 46, Gressingham Drive, Lancaster was last sold on 28th October 2016 for £154,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2016, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Gressingham Drive, Lancaster within a radius of 590 metres over the last 2 years.
The most recent example is 39, Ingleton Drive, Lancaster, LA1 4QZ, a freehold house which sold for £160,000 on the 30th April 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gressingham Drive, Lancaster, LA1 has a total of 104 addresses. According to our analysis of all the public data, 46, Gressingham Drive, Lancaster is the 44th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in LA1.
The closest station to 46, Gressingham Drive, Lancaster is Lancaster station which is 2.4 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 46, Gressingham Drive, Lancaster, 42.2% of property is socially rented and 26.7% 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 46, Gressingham Drive, Lancaster, 23.9% of residents are recorded as possessing school level qualifications and 24.6% 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 46, Gressingham Drive, Lancaster, the average age was 40.4 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 46, Gressingham Drive, 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 46, Gressingham Drive, Lancaster, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.