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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, 55, Main Street, Lancaster is a modern freehold house with 1,528 ft2 of internal area and sits on a 476 m2 plot.
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 55, Main Street, Lancaster is £449,061 and the estimated rental value is £1,382 per month.
Main Street, Cockerham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
55, Main Street, Lancaster has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property 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 55, Main Street, Lancaster is in very good condition we estimate a sale value of £471,514 and a rental value of £1,451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,627 and a rental value of £1,285 per month.
Over the last 12 months the sale value of 55 Main Street Lancaster has decreased by an estimated £390 (0.1%) and its rental value has increased by an estimated £40 per month (2.9%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 55, Main Street, Lancaster sits on a plot of 476m2.
We have plot size data on 37 out of 43 other houses in the postcode and 55, Main Street, Lancaster sits on the 9th largest plot.
55, Main Street, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 55, Main Street, Lancaster was last sold on 19th October 2020 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 15.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Main Street, Lancaster within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Dores Lodge, Cockerham Road, Lancaster, LA2 0HB, a freehold house which sold for £440,000 on the 30th September 2021.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Street, Cockerham, Lancaster, LA2 has a total of 43 addresses. According to our analysis of all the public data, 55, Main Street, Lancaster is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in LA2.
The closest station to 55, Main Street, Lancaster is Lancaster station which is 9.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Main Street, 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 55, Main Street, 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 55, Main Street, 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 55, Main Street, 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 55, Main Street, 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.
