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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
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According to the public record, Raffles, Lancaster is a early-century house with 2,271 ft2 of internal area and sits on a 1,506 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 Raffles, Lancaster is £898,781 and the estimated rental value is £2,840 per month.
Haverbreaks Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Raffles, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 Raffles, Lancaster is in very good condition we estimate a sale value of £943,720 and a rental value of £2,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £835,867 and a rental value of £2,642 per month.
Over the last 12 months the sale value of Raffles Lancaster has decreased by an estimated £4,382 (0.5%) and its rental value has increased by an estimated £75 per month (2.7%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, Raffles, Lancaster sits on a plot of 1506m2.
We have plot size data on 36 out of 42 other houses in the postcode and Raffles, Lancaster sits on the 18th largest plot.
Raffles, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Raffles, Lancaster within a radius of 890 metres over the last 2 years.
The most recent example is Tanglewood, Haverbreaks Road, Lancaster, LA1 5BJ, a freehold house which sold for £565,000 on the 4th November 2020.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Haverbreaks Road, Lancaster, LA1 has a total of 42 addresses. According to our analysis of all the public data, Raffles, Lancaster is the 24th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £686k more expensive than the average property in LA1.
The closest station to Raffles, Lancaster is Lancaster station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Raffles, Lancaster, 61.8% of property is privately owned outright and 33.3% 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 Raffles, Lancaster, 15.1% of residents are recorded as possessing school level qualifications and 57.5% 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 Raffles, Lancaster, the average age was 39.7 and the most common age was 22.
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 Raffles, Lancaster, 3.4% 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 Raffles, Lancaster, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
