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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Garnet Street, Lancaster is a period freehold house with 688 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 8, Garnet Street, Lancaster is £147,096 and the estimated rental value is £845 per month.
Garnet Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
8, Garnet Street, Lancaster has 41 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 8, Garnet Street, Lancaster is in very good condition we estimate a sale value of £154,451 and a rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,800 and a rental value of £786 per month.
Over the last 12 months the sale value of 8 Garnet Street Lancaster has decreased by an estimated £339 (0.2%) and its rental value has increased by an estimated £29 per month (3.5%), giving an expected gross yield of 6.9%.
8, Garnet Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Garnet Street, Lancaster was last sold on 15th March 2013 for £105,700 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since March 2013, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Garnet Street, Lancaster within a radius of 420 metres over the last 2 years.
The most recent example is 12, Garnet Street, Lancaster, LA1 3PN, a freehold house which sold for £126,500 on the 10th October 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garnet Street, Lancaster, LA1 has a total of 39 addresses. According to our analysis of all the public data, 8, Garnet Street, Lancaster is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in LA1.
The closest station to 8, Garnet Street, Lancaster is Lancaster station which is 1.1 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 8, Garnet Street, Lancaster, 46.0% of property is privately owned outright and 27.0% 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 8, Garnet Street, Lancaster, 20.1% of residents are recorded as possessing school level qualifications and 53.0% 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 8, Garnet Street, Lancaster, the average age was 37.9 and the most common age was 37.
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 8, Garnet Street, Lancaster, 0.0% 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 8, Garnet Street, 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.
