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According to the public record, Springwood, Carnforth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Springwood, Carnforth is £322,664 and the estimated rental value is £1,567 per month.
North Road, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
Springwood, Carnforth has a single entry in the Land Registry from February 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Springwood, Carnforth is in very good condition we estimate a sale value of £338,798 and a rental value of £1,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,078 and a rental value of £1,457 per month.
Over the last 12 months the sale value of Springwood Carnforth has decreased by an estimated £3,154 (1.0%) and its rental value has increased by an estimated £37 per month (2.3%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Springwood, Carnforth was last sold on 24th February 2017 for £516,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has risen 71.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 880 metres radius of Springwood, Carnforth over the last 2 years.
The most recent example is 101, North Road, Carnforth, LA5 9LX, a freehold house which sold for £177,000 on the 19th April 2024.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Road, Carnforth, LA5 has a total of 151 addresses. According to our analysis of all the public data, Springwood, Carnforth is the 4th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in LA5.
The closest station to Springwood, Carnforth is Carnforth station which is 500 metres 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 Springwood, Carnforth, 61.1% of property is privately owned outright and 25.8% 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 Springwood, Carnforth, 8.7% of residents are recorded as possessing school level qualifications and 30.3% 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 Springwood, Carnforth, the average age was 46.9 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 Springwood, Carnforth, 0.3% 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 Springwood, Carnforth, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.