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According to the public record, 7, The Herb Gardens, Carnforth is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, The Herb Gardens, Carnforth is £121,032 and the estimated rental value is £644 per month.
The Herb Gardens, Arkholme, Carnforth, LA6 is located in the borough of Lancaster within the LA6 postal district.
7, The Herb Gardens, Carnforth has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated November 2012.
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 7, The Herb Gardens, Carnforth is in very good condition we estimate a sale value of £127,084 and a rental value of £676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,560 and a rental value of £599 per month.
Over the last 12 months the sale value of 7 The Herb Gardens Carnforth has decreased by an estimated £272 (0.2%) and its rental value has increased by an estimated £21 per month (3.3%), giving an expected gross yield of 6.4%.
7, The Herb Gardens, Carnforth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, The Herb Gardens, Carnforth was last sold on 27th December 2012 for £92,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 6.3 kilometres radius of 7, The Herb Gardens, Carnforth over the last 2 years.
The most recent example is 3, The Herb Gardens, Carnforth, LA6 1RA, a freehold house which sold for £121,800 on the 9th August 2021.
Read more about house prices in LA6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Herb Gardens, Arkholme, Carnforth, LA6 has a total of 14 addresses. According to our analysis of all the public data, 7, The Herb Gardens, Carnforth is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in LA6.
The closest station to 7, The Herb Gardens, Carnforth is Wennington station which is 4.1 kilometres away.
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, The Herb Gardens, Carnforth, 55.5% of property is privately owned outright 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 7, The Herb Gardens, Carnforth, 20.5% of residents are recorded as possessing school level qualifications and 47.6% 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 7, The Herb Gardens, Carnforth, the average age was 48.5 and the most common age was 57.
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, The Herb Gardens, Carnforth, 1.1% 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, The Herb Gardens, Carnforth, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
