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According to the public record, The Cottage, Carnforth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,857 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 The Cottage, Carnforth is £467,574 and the estimated rental value is £1,919 per month.
Burton, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
The Cottage, Carnforth has a single entry in the Land Registry from August 2014 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 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 The Cottage, Carnforth is in very good condition we estimate a sale value of £490,952 and a rental value of £2,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,843 and a rental value of £1,785 per month.
Over the last 12 months the sale value of The Cottage Carnforth has decreased by an estimated £4,570 (1.0%) and its rental value has increased by an estimated £45 per month (2.3%), giving an expected gross yield of 4.9%.
According to HM Land Registry, The Cottage, Carnforth was last sold on 6th August 2014 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Cottage, Carnforth within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Lonsdale House, Lonsdale Square, Carnforth, LA6 1PZ, a freehold house which sold for £538,400 on the 22nd August 2022.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burton, Carnforth, LA5 has a total of 10 addresses. According to our analysis of all the public data, The Cottage, Carnforth is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in LA5.
The closest station to The Cottage, Carnforth is Silverdale station which is 3.4 kilometres away.
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 The Cottage, Carnforth, 54.2% of property is privately owned outright and 27.7% 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 The Cottage, Carnforth, 12.6% of residents are recorded as possessing school level qualifications and 45.5% 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 The Cottage, 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 The Cottage, Carnforth, 1.5% 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 The Cottage, 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.