Be the first Estate
Agent here!
Low Mills Mill Lane is a residential building situated on Mill Lane, Lower Bentham, Lancaster, LA2 with 2 addresses.
It ranks as the 183rd largest and 108th most expensive of the 362 buildings in the LA2 area.
The building contains a total of 2 properties: 2 flats.
Low Mills Mill Lane is a residential building situated on Mill Lane, Lower Bentham, Lancaster, LA2 with 2 addresses.
It ranks as the 183rd largest and 108th most expensive of the 362 buildings in the LA2 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £157,074 for 2 bedroom leasehold flats (605 ft2) to £157,074 for 2 bedroom leasehold flats (605 ft2) .
Monthly rental prices range from £1,011 pcm for 2 bed flats to £1,011 pcm for 2 bed flats.
The gross rental yield is between 7.7% and 7.7%.
The average value per square foot is £260.
The last sale in Low Mills Mill Lane sold for £115,000 on 25th November 2022. Since then prices are down an average of 0.0%.
The current average value in the building is £157,074.
The Low Mills Mill Lane Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £157,074 |
| May 2025 | 0.3% | £157,812 |
| May 2024 | 1% | £157,400 |
| May 2023 | 2% | £155,784 |
| May 2022 | 8% | £152,770 |
| May 2021 | 6.3% | £141,390 |
| May 2020 | 1.4% | £132,997 |
| May 2019 | 1.3% | £131,108 |
| May 2018 | -0.5% | £129,442 |
| May 2017 | 1% | £130,090 |
| May 2016 | 1.9% | £128,803 |
| May 2015 | 2.3% | £126,412 |
| May 2014 | -0.1% | £123,511 |
| May 2013 | -2.6% | £123,644 |
| May 2012 | -2.1% | £126,955 |
| May 2011 | -1.3% | £129,686 |
| May 2010 | 2.2% | £131,343 |
| May 2009 | -10.4% | £128,454 |
| May 2008 | -1% | £143,320 |
| May 2007 | 0% | £144,758 |
The current average rental value in the building is £1,011.
The Low Mills Mill Lane Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £1,011pcm |
| May 2025 | 5.3% | £983pcm |
| May 2024 | 11% | £934pcm |
| May 2023 | 3.1% | £842pcm |
| May 2022 | 7% | £816pcm |
| May 2021 | 0.8% | £763pcm |
| May 2020 | 2% | £757pcm |
| May 2019 | 0.9% | £742pcm |
| May 2018 | -0.7% | £736pcm |
| May 2017 | -1% | £741pcm |
| May 2016 | 0.2% | £748pcm |
| May 2015 | 0.8% | £746pcm |
| May 2014 | -0.9% | £741pcm |
| May 2013 | -0.6% | £748pcm |
| May 2012 | -1.1% | £752pcm |
| May 2011 | 2.4% | £761pcm |
| May 2010 | -0.3% | £743pcm |
| May 2009 | -4.3% | £745pcm |
| May 2008 | 5.5% | £779pcm |
| May 2007 | 0% | £738pcm |
The last sale was on 25th November 2022 for £115,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL is Bentham station which is 1.7 kilometres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL, 61.3% of property is privately owned outright and 26.5% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL, 12.9% of residents are recorded as possessing school level qualifications and 48.2% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL, the average age was 48.5 and the most common age was 62.
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 Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL, 1.6% 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 Low Mills, Mill Lane, Lower Bentham, Lancaster, LA2 7FL, there are an average of 1.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.