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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 Old Engine, Carnforth is £478,584 and the estimated rental value is £1,610 per month.
Melling, Carnforth, LA6 is located in the borough of Lancaster within the LA6 postal district.
Old Engine, Carnforth has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2023.
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.
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 Old Engine, Carnforth is in very good condition we estimate a sale value of £502,513 and a rental value of £1,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,083 and a rental value of £1,498 per month.
Over the last 12 months the sale value of Old Engine Carnforth has decreased by an estimated £2,991 (0.6%) and its rental value has increased by an estimated £47 per month (2.9%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Old Engine, Carnforth sits on a plot of 727m2.
We have plot size data on 6 out of 7 other houses in the postcode and Old Engine, Carnforth sits on the 2nd largest plot.
Old Engine, Carnforth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2023.
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, Old Engine, Carnforth was last sold on 10th October 2003 for £267,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Engine, Carnforth within a radius of 5.4 kilometres over the last 2 years.
The most recent example is Grey Gables, Carnforth, LA6 2RE, a freehold house which sold for £471,500 on the 26th November 2021.
Read more about house prices in LA6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melling, Carnforth, LA6 has a total of 85 addresses. According to our analysis of all the public data, Old Engine, Carnforth is the 42nd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in LA6.
The closest station to Old Engine, Carnforth is Wennington station which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Old Engine, Carnforth, 52.0% of property is privately owned outright and 32.3% 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 Old Engine, Carnforth, 15.4% of residents are recorded as possessing school level qualifications and 53.2% 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 Old Engine, Carnforth, 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 Old Engine, Carnforth, 2.0% 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 Old Engine, Carnforth, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.