According to the public record, 8, Lancaster Road, Scunthorpe is a mid-century freehold house with 1,506 ft2 of internal area and sits on a 498 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lancaster Road, Scunthorpe, DN16 is located within the DN16 postal district.
8, Lancaster Road, Scunthorpe has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated April 2019.
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 8 Lancaster Road Scunthorpe as £219,784 and the rental value as £964 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Lancaster Road Scunthorpe has decreased by £2,965 (1.3%) and its rental value has increased by £5 per month (0.5%).
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 8, Lancaster Road, Scunthorpe is in very good condition we estimate a sale value of £230,773 and rental value of £1,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,399 and a rental value of £896 per month.
If you were able to purchase this property for the estimated value of £219,784, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,080 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, 8, Lancaster Road, Scunthorpe sits on a plot of 498m2.
We have plot size data on 11 out of 24 other houses in the postcode and 8, Lancaster Road, Scunthorpe sits on the 2nd largest plot.
According to HM Land Registry, 8, Lancaster Road, Scunthorpe was last sold on 23 Sep 2021 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lancaster Road, Scunthorpe within a radius of 510 metres over the last 2 years.
The most recent example is 7, Ringwood Close, Scunthorpe, DN16 3HX, a Freehold house which sold for £215,000 in Sep 2023.
Read more about house prices in DN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, Scunthorpe, DN16 has a total of 66 addresses. According to our analysis of all the public data, 8, Lancaster Road, Scunthorpe is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in DN16.
8, Lancaster Road, Scunthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2019.
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 8, Lancaster Road, Scunthorpe is Scunthorpe station which is 2.5 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 8, Lancaster Road, Scunthorpe, 55.1% of property is privately owned outright and 35.5% 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 8, Lancaster Road, Scunthorpe, 17.3% of residents are recorded as possessing school level qualifications and 20.2% 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 8, Lancaster Road, Scunthorpe, the average age was 41.9 and the most common age was 32.
The graph below shows how this compares to Yorkshire and The Humber 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 8, Lancaster Road, Scunthorpe, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 8, Lancaster Road, Scunthorpe, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.