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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Old School, Lancaster is a period freehold house with 1,022 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Old School, Lancaster is £476,190 and the estimated rental value is £1,694 per month.
Town Head, Austwick, Lancaster, LA2 is located within the LA2 postal district.
Old School, Lancaster has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Old School, Lancaster is in very good condition we estimate a sale value of £500,000 and a rental value of £1,778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,857 and a rental value of £1,575 per month.
Over the last 12 months the sale value of Old School Lancaster has increased by an estimated £1,663 (0.3%) and its rental value has increased by an estimated £57 per month (3.4%), giving an expected gross yield of 4.3%.
Old School, Lancaster has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 May 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Old School, Lancaster was last sold on 31st May 2012 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old School, Lancaster within a radius of 6.9 kilometres over the last 2 years.
The most recent example is Norcliffe, Lancaster, LA2 8BN, a freehold house which sold for £525,000 on the 17th January 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Town Head, Austwick, Lancaster, LA2 has a total of 22 addresses. According to our analysis of all the public data, Old School, Lancaster is the 16th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £156k more expensive than the average property in LA2.
The closest station to Old School, Lancaster is Clapham (North Yorkshire) station which is 3.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Old School, Lancaster, 65.9% of property is privately owned outright and 22.8% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 School, Lancaster, 15.1% of residents are recorded as possessing school level qualifications and 51.6% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Old School, Lancaster, the average age was 48.5 and the most common age was 62.
The graph below shows how this compares to Yorkshire and The Humber 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 School, Lancaster, 2.8% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 School, Lancaster, there are an average of 1.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
