Newbanks Cottage, Lancaster
Newbanks Cottage, Lancaster
Description & Estimates
Public records show Newbanks Cottage, Lancaster to be a period freehold house with 2,002 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
Newbanks Cottage, Lancaster has an estimated sale value of £649,601 and an estimated rental value of £1,711 per month, assuming reasonable condition and based on the information available.
Aughton, Lancaster, LA2 lies in the borough of Lancaster, within the LA2 postal district.
Our Data Sources
Newbanks Cottage, Lancaster has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate Newbanks Cottage, Lancaster would be worth £682,081, with a potential rental value of £1,797 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £604,129, with a rental value of £1,592 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 Newbanks Cottage, Lancaster has moved down by £3,256 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £50 (2.9%). The property's estimated gross yield is currently 3.2%.
Energy Efficiency
Newbanks Cottage, Lancaster has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Newbanks Cottage, Lancaster last changed hands on 11th October 2024, selling for £705,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 0.2% since October 2024.
- Sold Oct 2024£705,000
- Sold Apr 2010£403,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of Newbanks Cottage, Lancaster across the last 2 years.
Most recently, The Brooklands, Kirkby Lonsdale Road, Lancaster, LA2 6RL, a freehold house, sold at £750,000 on the 7th April 2021.
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 Newbanks Cottage, Lancaster as the 12th largest and the 13th most expensive of the 33 addresses on Aughton, Lancaster, LA2.
Against the LA2 postcode district average, it is £329k more expensive than the typical property.
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Schools Nearby
- 3.0kmCaton St Paul's Church of England Primary School
- 3.6kmHornby St Margaret's Church of England Primary School
- 3.8kmOver Kellet Wilson's Endowed Church of England Primary School
- 5.6kmCarnforth High School
- 8.0kmLancaster High School
- 8.9kmLancaster Royal Grammar School
More reading links
Public Transport Nearby
Carnforth station is the nearest stop to Newbanks Cottage, Lancaster at 6.4 kilometres away.
- 6.4kmCarnforth
- 7.1kmWennington
- 9.7kmLancaster
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
