According to the public record, 3, Orchard Close, Lancaster is a mid-century freehold house and with 2,077 ft2 of internal area and sits on a 547 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Orchard Close, Slyne, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
3, Orchard Close, Lancaster has a single entry in the Land Registry database from July 2019 and no records in the EPC database.
We combine this information with that 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 3 Orchard Close Lancaster as £551,018 and the rental value as £1,711 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 3 Orchard Close Lancaster has decreased by £1,052 (0.2%) and its rental value has increased by £45 per month (2.6%).
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 3, Orchard Close, Lancaster is in very good condition we estimate a sale value of £578,569 and rental value of £1,797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,447 and a rental value of £1,591 per month.
If you were able to purchase this property for the estimated value of £551,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,708 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, 3, Orchard Close, Lancaster sits on a plot of 547m2.
We have plot size data on 3 out of 5 other houses in the postcode and 3, Orchard Close, Lancaster sits on the 2nd largest plot.
According to HM Land Registry, 3, Orchard Close, Lancaster was last sold on 10 Jul 2019 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 30.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Orchard Close, Lancaster within a radius of 625m over the last 2 years.
The most recent example is 32, Hest Bank Lane, Lancaster, LA2 6DB, a Freehold house which sold for £661,000 in Sep 2023.
Read more about house prices in LA2.
Orchard Close, Slyne, Lancaster, LA2 has a total of 5 addresses. According to our analysis of all the public data, 3, Orchard Close, Lancaster is the largest and the most expensive property on the street.
When compared to the postcode district it is £223k more expensive than the average property in LA2.
3, Orchard Close, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Orchard Close, Lancaster is Bare Lane station which is 2.6 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 3, Orchard Close, 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 3, Orchard Close, 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 3, Orchard Close, 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 3, Orchard Close, 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 3, Orchard Close, 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.