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2 Lord Way is a residential building situated on Lord Way, Locking, Weston-Super-Mare, BS24 with 6 addresses.
It ranks as the 286th largest and 262nd most expensive of the 409 buildings in the BS24 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
2 Lord Way is a residential building situated on Lord Way, Locking, Weston-Super-Mare, BS24 with 6 addresses.
It ranks as the 286th largest and 262nd most expensive of the 409 buildings in the BS24 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £169,422 for 2 bedroom leasehold flats (548 ft2) to £184,063 for 2 bedroom leasehold flats (656 ft2) .
Monthly rental prices range from £985 pcm for 2 bed flats to £1,043 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 7.0%.
The average value per square foot is £294.
The last sale in 2 Lord Way sold for £185,000 on 27th October 2023. Since then prices are down an average of 2.2%.
The current average value in the building is £176,742.
The 2 Lord Way Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.1% | £176,742 |
| May 2025 | 1% | £180,508 |
| May 2024 | -1.9% | £178,650 |
| May 2023 | 1.7% | £182,183 |
| May 2022 | 9.2% | £179,087 |
| May 2021 | 5.7% | £164,006 |
| May 2020 | 3.1% | £155,151 |
| May 2019 | 0.1% | £150,493 |
| May 2018 | 3% | £150,400 |
| May 2017 | 5.3% | £146,062 |
| May 2016 | 6.5% | £138,725 |
| May 2015 | 4.1% | £130,281 |
| May 2014 | 6.2% | £125,182 |
| May 2013 | -0.2% | £117,870 |
| May 2012 | -0.5% | £118,085 |
| May 2011 | -2% | £118,719 |
| May 2010 | 3.5% | £121,166 |
| May 2009 | -13.4% | £117,030 |
| May 2008 | -0.4% | £135,130 |
| May 2007 | 0% | £135,618 |
The current average rental value in the building is £1,014.
The 2 Lord Way Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,014pcm |
| May 2025 | 7.1% | £990pcm |
| May 2024 | 7.9% | £924pcm |
| May 2023 | 8.6% | £856pcm |
| May 2022 | 9.7% | £788pcm |
| May 2021 | 3.9% | £719pcm |
| May 2020 | 2% | £692pcm |
| May 2019 | 2.3% | £678pcm |
| May 2018 | -0.6% | £663pcm |
| May 2017 | 1.9% | £667pcm |
| May 2016 | 3.3% | £654pcm |
| May 2015 | 3.1% | £633pcm |
| May 2014 | 1.6% | £614pcm |
| May 2013 | 0.3% | £605pcm |
| May 2012 | -0.7% | £603pcm |
| May 2011 | 1.2% | £607pcm |
| May 2010 | 1.5% | £600pcm |
| May 2009 | -5.6% | £591pcm |
| May 2008 | 3.2% | £626pcm |
| May 2007 | 0% | £607pcm |
The last sale was on 27th October 2023 for £185,000 and since then the market in the area has decreased by 2.2%. The building has had a total of 6 sales since 1995.
2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY has seen 6 sales in the last three years and no sales in the last twelve months.
The closest station to 2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY is Worle station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY, 64.9% of property is privately owned with a mortgage and 16.0% is privately rented.
The graph below shows how this compares to South West 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 2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY, 23.3% of residents are recorded as possessing school level qualifications and 31.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY, the average age was 45.6 and the most common age was 72.
The graph below shows how this compares to South 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 2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY, 0.0% of property was a second home.
Comparison figures for South 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 2, Lord Way, Locking, Weston-Super-Mare, BS24 7NY, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.