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According to the public record, 74, Aldrens Lane, Lancaster is a period freehold house with 871 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 74, Aldrens Lane, Lancaster is £128,061 and the estimated rental value is £688 per month.
Aldrens Lane, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
74, Aldrens Lane, Lancaster has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated December 2021.
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.
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 74, Aldrens Lane, Lancaster is in very good condition we estimate a sale value of £134,464 and a rental value of £722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,096 and a rental value of £640 per month.
Over the last 12 months the sale value of 74 Aldrens Lane Lancaster has decreased by an estimated £296 (0.2%) and its rental value has increased by an estimated £24 per month (3.5%), giving an expected gross yield of 6.4%.
74, Aldrens Lane, Lancaster has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 Dec 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 74, Aldrens Lane, Lancaster was last sold on 4th August 2022 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Aldrens Lane, Lancaster within a radius of 520 metres over the last 2 years.
The most recent example is 110, Aldrens Lane, Lancaster, LA1 2DT, a freehold house which sold for £129,950 on the 11th March 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aldrens Lane, Lancaster, LA1 has a total of 81 addresses. According to our analysis of all the public data, 74, Aldrens Lane, Lancaster is the 42nd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in LA1.
The closest station to 74, Aldrens Lane, Lancaster is Lancaster station which is 1.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 74, Aldrens Lane, Lancaster, 35.4% of property is privately rented and 29.8% is privately owned outright.
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 74, Aldrens Lane, Lancaster, 13.9% of residents are recorded as possessing school level qualifications and 26.3% 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 74, Aldrens Lane, Lancaster, the average age was 38.7 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 74, Aldrens Lane, 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 74, Aldrens Lane, Lancaster, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
