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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, 7, Fairfield Road, Lancaster is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,362 ft2 of internal area and sits on a 387 m2 plot 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 7, Fairfield Road, Lancaster is £526,835 and the estimated rental value is £1,673 per month.
Fairfield Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
7, Fairfield Road, Lancaster has 21 entries in the Land Registry , most recently in June 2012 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 7, Fairfield Road, Lancaster is in very good condition we estimate a sale value of £553,177 and a rental value of £1,757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,957 and a rental value of £1,556 per month.
Over the last 12 months the sale value of 7 Fairfield Road Lancaster has increased by an estimated £1,605 (0.3%) and its rental value has increased by an estimated £60 per month (3.6%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 7, Fairfield Road, Lancaster sits on a plot of 387m2.
We have plot size data on 5 out of 8 other houses in the postcode and 7, Fairfield Road, Lancaster sits on the 4th largest plot.
According to HM Land Registry, 7, Fairfield Road, Lancaster was last sold on 1st June 2012 for £202,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2012, the market for similar properties has risen 57.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Fairfield Road, Lancaster within a radius of 460 metres over the last 2 years.
The most recent example is Cannondale, Westbourne Road, Lancaster, LA1 5EF, a freehold house which sold for £430,000 on the 9th November 2021.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfield Road, Lancaster, LA1 has a total of 8 addresses. According to our analysis of all the public data, 7, Fairfield Road, Lancaster is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £314k more expensive than the average property in LA1.
The closest station to 7, Fairfield Road, Lancaster is Lancaster station which is 100 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 7, Fairfield Road, Lancaster, 30.4% of property is privately owned outright and 27.7% 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 7, Fairfield Road, Lancaster, 21.8% of residents are recorded as possessing school level qualifications and 45.0% 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 7, Fairfield Road, Lancaster, the average age was 39.7 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 7, Fairfield Road, Lancaster, 0.8% 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 7, Fairfield Road, 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.
