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According to the public record, Mearbeck Cottage, Lancaster is a period freehold house with 2,120 ft2 of internal area and sits on a 1,771 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Mearbeck Cottage, Lancaster is £518,720 and the estimated rental value is £1,461 per month.
Tatham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
Mearbeck Cottage, Lancaster has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated March 2017.
We combine this information with that 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.
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 Mearbeck Cottage, Lancaster is in very good condition we estimate a sale value of £544,656 and a rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,410 and a rental value of £1,359 per month.
Over the last 12 months the sale value of Mearbeck Cottage Lancaster has decreased by an estimated £5,314 (1.0%) and its rental value has increased by an estimated £34 per month (2.4%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Mearbeck Cottage, Lancaster sits on a plot of 1771m2.
We have plot size data on 4 out of 10 other houses in the postcode and Mearbeck Cottage, Lancaster sits on the 3rd largest plot.
Mearbeck Cottage, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Mearbeck Cottage, Lancaster was last sold on 16th December 2020 for £460,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mearbeck Cottage, Lancaster within a radius of 5.2 kilometres over the last 2 years.
The most recent example is Old Pottery Barn, Lancaster, LA2 7DL, a freehold house which sold for £416,000 on the 10th January 2020.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tatham, Lancaster, LA2 has a total of 113 addresses. According to our analysis of all the public data, Mearbeck Cottage, Lancaster is the 34th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £198k more expensive than the average property in LA2.
The closest station to Mearbeck Cottage, Lancaster is Bentham station which is 2.6 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 Mearbeck Cottage, Lancaster, 62.2% of property is privately owned outright and 20.9% 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 Mearbeck Cottage, Lancaster, 15.5% of residents are recorded as possessing school level qualifications and 40.0% 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 Mearbeck Cottage, Lancaster, the average age was 48.5 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 Mearbeck Cottage, Lancaster, 1.7% 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 Mearbeck Cottage, Lancaster, 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.
