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According to the public record, Valley Cottage, Lancaster is a period freehold house with 1,011 ft2 of internal area and sits on a 254 m2 plot.
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 Valley Cottage, Lancaster is £386,441 and the estimated rental value is £1,380 per month.
Gressingham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
Valley Cottage, Lancaster has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Valley Cottage, Lancaster is in very good condition we estimate a sale value of £405,763 and a rental value of £1,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,390 and a rental value of £1,283 per month.
Over the last 12 months the sale value of Valley Cottage Lancaster has increased by an estimated £1,349 (0.3%) and its rental value has increased by an estimated £46 per month (3.4%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, Valley Cottage, Lancaster sits on a plot of 254m2.
We have plot size data on 17 out of 30 other houses in the postcode and Valley Cottage, Lancaster sits on the 17th largest plot.
Valley Cottage, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Aug 2023.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Valley Cottage, Lancaster was last sold on 31st January 2020 for £195,880 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Valley Cottage, Lancaster within a radius of 5.7 kilometres over the last 2 years.
The most recent example is Brookside, Lancaster, LA2 8LP, a freehold house which sold for £265,000 on the 18th January 2021.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gressingham, Lancaster, LA2 has a total of 70 addresses. According to our analysis of all the public data, Valley Cottage, Lancaster is the 57th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in LA2.
The closest station to Valley Cottage, Lancaster is Wennington station which is 4.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Valley Cottage, Lancaster, 52.8% of property is privately owned outright and 30.6% 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 Valley Cottage, Lancaster, 9.5% of residents are recorded as possessing school level qualifications and 57.9% 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 Valley Cottage, Lancaster, the average age was 48.5 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 Valley Cottage, Lancaster, 3.1% 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 Valley Cottage, 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.
