8, Oakwood Gardens
8, Oakwood Gardens
Description & Estimates
According to the public record, 8, Oakwood Gardens, Lancaster is a modern freehold house with 1,829 ft2 of internal area and sits on a 835 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Oakwood Gardens, Lancaster is £521,112 and the estimated rental value is £1,412 per month.
Oakwood Gardens, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
8, Oakwood Gardens, Lancaster has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated January 2020.
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.
Price Range & Condition
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, Oakwood Gardens, Lancaster is in very good condition we estimate a sale value of £547,168 and a rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,634 and a rental value of £1,313 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Oakwood Gardens, Lancaster has declined by £2,440 (0.5%), while its estimated rental value has climbed by £43 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 3.3%.
Plot Size
According to data from HM Land Registry, 8, Oakwood Gardens, Lancaster sits on a plot of 835 m2.
We have plot size data on 13 out of 15 other houses in the postcode and 8, Oakwood Gardens, Lancaster sits on the 3rd largest plot.
Energy Efficiency
8, Oakwood Gardens, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Oakwood Gardens, Lancaster was last sold on 12th August 2022 for £465,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has dropped by 20.7%.
- Sold Aug 2022£465,000
- Sold Aug 2003£250,000
- Sold Feb 1998£130,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oakwood Gardens, Lancaster within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Oakwood Gardens, Lancaster, LA1 4PF, a freehold house which sold for £550,000 on the 16th August 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oakwood Gardens, Lancaster, LA1 has a total of 15 addresses. According to our analysis of all the public data, 8, Oakwood Gardens, Lancaster is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £276k more expensive than the average property in LA1.
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Schools Nearby
- 1.1kmScotforth St Paul's Church of England Primary and Nursery School
- 1.3kmMoorside Primary School
- 1.4kmSt Bernadette's Catholic Primary School, Lancaster
- 2.0kmRipley St Thomas Church of England Academy
- 2.7kmLancaster Girls' Grammar School
- 2.8kmLancaster Royal Grammar School
More reading links
Public Transport Nearby
The closest station to 8, Oakwood Gardens, Lancaster is Lancaster station, which is 3.1 kilometres away.
- 3.1kmLancaster
- 6.5kmBare Lane
- 7.3kmMorecambe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
