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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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8, Throstle Grove, Lancaster is recorded publicly as a mid-century freehold house across 1,410 ft2 of internal area, sitting on a 620 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Throstle Grove, Lancaster is £406,678 and its rental estimate is £1,353 per month, given the available information and assuming reasonable condition.
Throstle Grove, Slyne, Lancaster, LA2 falls within the LA2 postal district, in the borough of Lancaster.
8, Throstle Grove, Lancaster has 31 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated March 2021.
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 8, Throstle Grove, Lancaster, we estimate a market value of £427,012 and a rental value of £1,420 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,211 and £1,258 per month respectively.
Over the last year, 8, Throstle Grove, Lancaster has seen its estimated sale value decline by £2,039 (0.5%) and its estimated rental value climb by £40 per month (2.9%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 8, Throstle Grove, Lancaster as measuring 620 m2.
That makes it the 11th largest plot in the postcode, where 17 of the 19 other houses have recorded plot data.
8, Throstle Grove, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 8, Throstle Grove, Lancaster completed on 8th January 2016 at £290,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 25.7% over the period since January 2016.
Over the past 2 years 3 properties similar to 8, Throstle Grove, Lancaster have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2023, was 4, Bay View Crescent, Lancaster, LA2 6JU, a freehold house which sold for £410,000.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Throstle Grove, Slyne, Lancaster, LA2, 8, Throstle Grove, Lancaster comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £86k more expensive than the average property across the LA2 district.
From 8, Throstle Grove, Lancaster, the nearest station is Bare Lane, 2.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 8, Throstle Grove, Lancaster, 63.2% of property is privately owned outright and 27.2% 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, Throstle Grove, Lancaster, 9.5% of residents are recorded as possessing school level qualifications and 31.0% 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, Throstle Grove, Lancaster, the average age was 49.1 and the most common age was 72.
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, Throstle Grove, 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, Throstle Grove, Lancaster, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
