Craig Lea, Lancaster
Craig Lea, Lancaster
Description & Estimates
The public record describes Craig Lea, Lancaster as a period house with 1,442 ft2 of internal area, sitting on a 416 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Craig Lea, Lancaster has an estimated sale value of £343,539 and an estimated rental value of £1,353 per month, assuming reasonable condition and based on the information available.
Lancaster Road, Slyne, Lancaster, LA2 lies in the borough of Lancaster, within the LA2 postal district.
Our Data Sources
Craig Lea, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Craig Lea, Lancaster would be worth £360,716, with a potential rental value of £1,421 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £319,491, with a rental value of £1,259 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Craig Lea, Lancaster has moved down by £1,722 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.9%). The property's estimated gross yield is currently 4.7%.
Plot Size
Craig Lea, Lancaster occupies a 416 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
Craig Lea, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jul 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
Craig Lea, Lancaster last changed hands on 16th September 2005, selling for £246,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Sep 2005£246,000
- Sold Jul 1995£76,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of Craig Lea, Lancaster across the last 2 years.
Most recently, 58, Hest Bank Lane, Lancaster, LA2 6BS, a freehold house, sold at £376,500 on the 9th May 2025.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Craig Lea, Lancaster as the 23rd largest and the 24th most expensive of the 45 addresses on Lancaster Road, Slyne, Lancaster, LA2.
Against the LA2 postcode district average, it is £23k more expensive than the typical property.
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Schools Nearby
- 800mSlyne-with-Hest, St Luke's, Church of England Primary School
- 1.7kmSkerton St Luke's Church of England Primary School
- 2.2kmSt Josephs Catholic Primary School, Lancaster
- 2.7kmOur Lady's Catholic College
- 3.0kmLancaster High School
- 3.2kmMorecambe Bay Academy
More reading links
Public Transport Nearby
Bare Lane station is the nearest stop to Craig Lea, Lancaster at 2.3 kilometres away.
- 2.3kmBare Lane
- 3.5kmLancaster
- 4.6kmMorecambe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
