According to the public record, 140, Main Road, Lancaster is a modern house with 1,151 ft2 of internal area and sits on a 1,143 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Main Road, Slyne, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
140, Main Road, Lancaster has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 140 Main Road Lancaster as £223,660 and the rental value as £1,074 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 140 Main Road Lancaster has increased by £3,897 (1.7%) and its rental value has increased by £50 per month (4.6%).
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 140, Main Road, Lancaster is in very good condition we estimate a sale value of £234,843 and rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,004 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £223,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,099 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 140, Main Road, Lancaster sits on a plot of 1143m2.
We have plot size data on 7 out of 7 other houses in the postcode and 140, Main Road, Lancaster sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 140, Main Road, Lancaster within a radius of 220m over the last 2 years.
The most recent example is 7, Ascot Gardens, Lancaster, LA2 6JZ, a Freehold house which sold for £225,000 in Feb 2024.
Read more about house prices in LA2.
Main Road, Slyne, Lancaster, LA2 has a total of 31 addresses. According to our analysis of all the public data, 140, Main Road, Lancaster is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in LA2.
140, Main Road, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 140, Main Road, Lancaster is Bare Lane station which is 2.7 km 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 140, Main Road, Lancaster, 45.8% of property is privately owned outright and 39.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 140, Main Road, Lancaster, 14.1% of residents are recorded as possessing school level qualifications and 43.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 140, Main Road, Lancaster, the average age was 49.1 and the most common age was 72.
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 140, Main Road, Lancaster, 1.3% 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 140, Main Road, 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.