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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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7, Quernmore Drive, Lancaster is recorded publicly as a mid-century freehold house across 850 ft2 of internal area, sitting on a 368 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Quernmore Drive, Lancaster is £212,433 and its rental estimate is £1,212 per month, given the available information and assuming reasonable condition.
Quernmore Drive, Glasson Dock, Lancaster, LA2 falls within the LA2 postal district, in the borough of Lancaster.
7, Quernmore Drive, Lancaster has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Quernmore Drive, Lancaster, we estimate a market value of £223,054 and a rental value of £1,273 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £197,563 and £1,127 per month respectively.
Over the last year, 7, Quernmore Drive, Lancaster has seen its estimated sale value increase by £758 (0.4%) and its estimated rental value grow by £38 per month (3.1%). This results in an estimated gross rental yield of 6.8%.
HM Land Registry records the plot of land for 7, Quernmore Drive, Lancaster as measuring 368 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
7, Quernmore Drive, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 7, Quernmore Drive, Lancaster completed on 23rd October 2024 at £188,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.7% over the period since October 2024.
Over the past 2 years 3 properties similar to 7, Quernmore Drive, Lancaster have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 11, Wyresdale Crescent, Lancaster, LA2 0DL, a freehold house which sold for £208,500.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Quernmore Drive, Glasson Dock, Lancaster, LA2, 7, Quernmore Drive, Lancaster comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the LA2 district.
From 7, Quernmore Drive, Lancaster, the nearest station is Heysham Port, 5.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Quernmore Drive, Lancaster, 55.0% of property is privately owned outright and 23.5% 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, Quernmore Drive, Lancaster, 11.4% of residents are recorded as possessing school level qualifications and 36.1% 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, Quernmore Drive, 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 7, Quernmore Drive, Lancaster, 0.4% 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, Quernmore Drive, Lancaster, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
