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According to the public record, Lackslock, Milnthorpe is a early-century house with 688 ft2 of internal area and sits on a 379 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lackslock, Milnthorpe is £289,309 and the estimated rental value is £1,301 per month.
Preston Patrick, Milnthorpe, LA7 is located within the LA7 postal district.
Lackslock, Milnthorpe has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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.
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 Lackslock, Milnthorpe is in very good condition we estimate a sale value of £303,774 and a rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,057 and a rental value of £1,210 per month.
Over the last 12 months the sale value of Lackslock Milnthorpe has increased by an estimated £1,699 (0.6%) and its rental value has increased by an estimated £57 per month (4.3%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, Lackslock, Milnthorpe sits on a plot of 379m2.
We have plot size data on 2 out of 6 other houses in the postcode and Lackslock, Milnthorpe sits on the 2nd largest plot.
Lackslock, Milnthorpe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lackslock, Milnthorpe within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 4 School Houses, Milnthorpe, LA7 7NR, a freehold house which sold for £280,000 on the 16th October 2023.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Patrick, Milnthorpe, LA7 has a total of 44 addresses. According to our analysis of all the public data, Lackslock, Milnthorpe is the 41st largest and the 34th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in LA7.
The closest station to Lackslock, Milnthorpe is Oxenholme Lake District station which is 6.6 kilometres away.
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 Lackslock, Milnthorpe, 44.9% of property is privately owned outright and 31.7% 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 Lackslock, Milnthorpe, 11.6% of residents are recorded as possessing school level qualifications and 39.0% 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 Lackslock, Milnthorpe, the average age was 48.9 and the most common age was 57.
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 Lackslock, Milnthorpe, 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 Lackslock, Milnthorpe, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.