4 Cherry Tree Cottages Grasmere Drive

    4 CHERRY TREE COTTAGES, GRASMERE DRIVE, BENTHAM, LANCASTER, LA2 7JP

    This terraced freehold property on Grasmere Drive last sold in August 2003 for £68,000. Based on price growth in the LA2 district since then, its estimated current value is £127,322 — placing it in the 8th percentile nationally and the 4th percentile within LA2. The property covers 82 m² (883 sq ft), giving an estimated value of £1,553 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £68,000

    Aug 2003

    Estimated Valuation

    £127,322

    Est. £/sq ft

    £144/sq ft

    £1,553/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateJun 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2003

    £68,000

    Key Metrics

    Estimated valuation£127,322
    Value per sq ft / m²£144/sq ft (£1,553/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA2 district percentile4th percentile
    National percentile8th 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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