Meadow Bank Banks Rise

    MEADOW BANK, BANKS RISE, BENTHAM, LANCASTER, LA2 7JW

    This detached freehold property on Banks Rise last sold in June 2021 for £385,000. Based on price growth in the LA2 district since then, its estimated current value is £439,863 — placing it in the 73rd percentile nationally and the 78th percentile within LA2. The property covers 169 m² (1,819 sq ft), giving an estimated value of £2,603 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £385,000

    Jun 2021

    Estimated Valuation

    £439,863

    Est. £/sq ft

    £242/sq ft

    £2,603/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,819 sq ft (169 m²)
    EPC dateApr 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £385,000

    Key Metrics

    Estimated valuation£439,863
    Value per sq ft / m²£242/sq ft (£2,603/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA2 district percentile78th percentile
    National percentile73rd percentile

    District Context — LA2

    LA2 covers the Lancaster area in north-west England, sitting between the Lake District and the coast. It is a mixed community with a blend of market town character, university presence, and rural surroundings.

    Average Property Price - LA2

    £327,161

    51

    National percentile

    Average Net Household Income - LA2

    £36,231

    39

    National percentile

    10-Year Annualised Price Growth - LA2

    3.7%

    55

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA2

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