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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Millhouse, Lancaster is a period freehold house with 1,829 ft2 of internal area and sits on a 26,356 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Millhouse, Lancaster is £399,110 and the estimated rental value is £1,507 per month.
Tatham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
Millhouse, Lancaster has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated February 2013.
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 Millhouse, Lancaster is in very good condition we estimate a sale value of £419,066 and a rental value of £1,582 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,173 and a rental value of £1,401 per month.
Over the last 12 months the sale value of Millhouse Lancaster has decreased by an estimated £346 (0.1%) and its rental value has increased by an estimated £43 per month (2.9%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, Millhouse, Lancaster sits on a plot of 26356m2.
We have plot size data on 5 out of 11 other houses in the postcode and Millhouse, Lancaster sits on the largest plot.
Millhouse, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2013.
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, Millhouse, Lancaster was last sold on 5th September 2014 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millhouse, Lancaster within a radius of 5.0 kilometres over the last 2 years.
The most recent example is Horreum House, Main Street, Lancaster, LA2 8QF, a freehold house which sold for £420,000 on the 24th November 2023.
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, Millhouse, Lancaster is the 55th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in LA2.
The closest station to Millhouse, Lancaster is Wennington station which is 2.3 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 Millhouse, 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 Millhouse, 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 Millhouse, 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 Millhouse, 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 Millhouse, 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.
