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According to the public record, The Launds, Lancaster is a period freehold house with 1,506 ft2 of internal area and sits on a 7,849 m2 plot.
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 The Launds, Lancaster is £508,244 and the estimated rental value is £1,564 per month.
Cockerham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
The Launds, Lancaster has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated July 2022.
We combine this information with that 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 The Launds, Lancaster is in very good condition we estimate a sale value of £533,656 and a rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,667 and a rental value of £1,454 per month.
Over the last 12 months the sale value of The Launds Lancaster has decreased by an estimated £441 (0.1%) and its rental value has increased by an estimated £45 per month (2.9%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, The Launds, Lancaster sits on a plot of 7849m2.
We have plot size data on 5 out of 7 other houses in the postcode and The Launds, Lancaster sits on the largest plot.
The Launds, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2022.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and underfloor heating, oil, Boiler and radiators, oil.
According to HM Land Registry, The Launds, Lancaster was last sold on 1st May 2020 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Launds, Lancaster within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Bowland Barn, Lancaster Road, Lancaster, LA2 0DZ, a freehold house which sold for £545,000 on the 18th December 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cockerham, Lancaster, LA2 has a total of 21 addresses. According to our analysis of all the public data, The Launds, Lancaster is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in LA2.
The closest station to The Launds, Lancaster is Lancaster station which is 7.9 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 The Launds, Lancaster, 36.7% of property is privately owned outright and 31.7% is privately rented.
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 Launds, Lancaster, 16.6% of residents are recorded as possessing school level qualifications and 32.7% 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 Launds, Lancaster, the average age was 34.2 and the most common age was 17.
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 Launds, Lancaster, 0.0% 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 The Launds, Lancaster, 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.