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According to the public record, Alderman Cottage, Lancaster is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,485 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Alderman Cottage, Lancaster is £491,610 and the estimated rental value is £1,513 per month.
Austwick, Lancaster, LA2 is located within the LA2 postal district.
Alderman Cottage, Lancaster has 41 entries in the Land Registry , most recently in June 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Alderman Cottage, Lancaster is in very good condition we estimate a sale value of £516,190 and a rental value of £1,588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,197 and a rental value of £1,407 per month.
Over the last 12 months the sale value of Alderman Cottage Lancaster has decreased by an estimated £427 (0.1%) and its rental value has increased by an estimated £44 per month (2.9%), giving an expected gross yield of 3.7%.
According to HM Land Registry, Alderman Cottage, Lancaster was last sold on 2nd June 2015 for £355,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since June 2015, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Alderman Cottage, Lancaster within a radius of 6.7 kilometres over the last 2 years.
The most recent example is Barnsdale, Lancaster, LA2 8BB, a freehold house which sold for £550,000 on the 13th September 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Austwick, Lancaster, LA2 has a total of 168 addresses. According to our analysis of all the public data, Alderman Cottage, Lancaster is the 85th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in LA2.
The closest station to Alderman Cottage, Lancaster is Clapham (North Yorkshire) station which is 3.5 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 Alderman Cottage, Lancaster, 66.0% of property is privately owned outright and 13.2% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 Alderman Cottage, Lancaster, 13.4% of residents are recorded as possessing school level qualifications and 48.5% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Alderman Cottage, Lancaster, the average age was 48.5 and the most common age was 62.
The graph below shows how this compares to Yorkshire and The Humber 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 Alderman Cottage, Lancaster, 2.2% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 Alderman Cottage, Lancaster, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.