51, Lancaster Way
51, Lancaster Way
Description & Estimates
Public records show 51, Lancaster Way, Leamington Spa to be a modern leasehold house with 742 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
51, Lancaster Way, Leamington Spa has an estimated sale value of £320,855 and an estimated rental value of £1,311 per month, assuming reasonable condition and based on the information available.
Lancaster Way, Whitnash, Leamington Spa, CV31 lies in the borough of Warwick, within the CV31 postal district.
Our Data Sources
51, Lancaster Way, Leamington Spa has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated August 2017.
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.
Price Range & Condition
In very good condition, we estimate 51, Lancaster Way, Leamington Spa would be worth £336,898, with a potential rental value of £1,377 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £298,395, with a rental value of £1,219 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 51, Lancaster Way, Leamington Spa has dropped by £1,978 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (2.7%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
51, Lancaster Way, Leamington Spa has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
51, Lancaster Way, Leamington Spa last changed hands on 25th September 2017, selling for £269,995. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 12.5% since September 2017.
- Sold Sep 2017£269,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 51, Lancaster Way, Leamington Spa across the last 2 years.
Most recently, 49, Lancaster Way, Leamington Spa, CV31 2BF, a leasehold house, sold at £310,000 on the 6th December 2024.
Read more about house prices in CV31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Similar Properties Let Nearby
Agents in our network have reported 3 lettings of comparable properties within 680 metres of 51, Lancaster Way, Leamington Spa across the last 2 years.
The newest of these is 8, Verdun Close, Leamington Spa, CV31 2LR, a freehold house let by Newman Property Experts in September 2014.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks 51, Lancaster Way, Leamington Spa as the 54th largest and the 51st most expensive of the 59 addresses on Lancaster Way, Whitnash, Leamington Spa, CV31.
Against the CV31 postcode district average, it is £2k more expensive than the typical property.
More reading links
Schools Nearby
- 500mSt Joseph's Catholic Primary School
- 700mSt. Margaret's CofE Junior School
- 800mBriar Hill Infant School
- 1.8kmCampion School
- 3.0kmMyton School
- 4.0kmTrinity Catholic School
More reading links
Public Transport Nearby
Leamington Spa station is the nearest stop to 51, Lancaster Way, Leamington Spa at 2.6 kilometres away.
- 2.6kmLeamington Spa
- 4.3kmWarwick
- 6.1kmWarwick Parkway
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
