According to the public record, 2B, Bay View Crescent, Lancaster is a mid-century freehold house and with 1,119 ft2 of internal area and sits on a 570 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bay View Crescent, Slyne, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
2B, Bay View Crescent, Lancaster has a single entry in the Land Registry database from May 2023 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 2B Bay View Crescent Lancaster as £307,285 and the rental value as £1,295 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2B Bay View Crescent Lancaster has increased by £3,853 (1.3%) and its rental value has increased by £53 per month (4.1%).
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 2B, Bay View Crescent, Lancaster is in very good condition we estimate a sale value of £322,649 and rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,775 and a rental value of £1,204 per month.
If you were able to purchase this property for the estimated value of £307,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,510 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, 2B, Bay View Crescent, Lancaster sits on a plot of 570m2.
We have plot size data on 14 out of 21 other houses in the postcode and 2B, Bay View Crescent, Lancaster sits on the 2nd largest plot.
According to HM Land Registry, 2B, Bay View Crescent, Lancaster was last sold on 26 May 2023 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Bay View Crescent, Lancaster within a radius of 104m over the last 2 years.
The most recent example is 26, Bay View Avenue, Lancaster, LA2 6JS, a Freehold house which sold for £345,000 in Oct 2022.
Read more about house prices in LA2.
Bay View Crescent, Slyne, Lancaster, LA2 has a total of 21 addresses. According to our analysis of all the public data, 2B, Bay View Crescent, Lancaster is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in LA2.
2B, Bay View Crescent, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2022.
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 2B, Bay View Crescent, Lancaster is Bare Lane station which is 2.2 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 2B, Bay View Crescent, Lancaster, 68.0% of property is privately owned outright and 25.6% 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 2B, Bay View Crescent, Lancaster, 9.6% of residents are recorded as possessing school level qualifications and 41.8% 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 2B, Bay View Crescent, 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 2B, Bay View Crescent, Lancaster, 0.9% 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 2B, Bay View Crescent, Lancaster, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.