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According to the public record, 1 Forge Mill, Lancaster is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,732 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Forge Mill, Lancaster is £562,712 and the estimated rental value is £1,731 per month.
Caton, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
1 Forge Mill, Lancaster has 2 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1 Forge Mill, Lancaster is in very good condition we estimate a sale value of £590,848 and a rental value of £1,818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,322 and a rental value of £1,610 per month.
Over the last 12 months the sale value of 1 Forge Mill Lancaster has decreased by an estimated £488 (0.1%) and its rental value has increased by an estimated £50 per month (2.9%), giving an expected gross yield of 3.7%.
According to HM Land Registry, 1 Forge Mill, Lancaster was last sold on 6th December 2007 for £468,300 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2007, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Forge Mill, Lancaster within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 2, Artle Mews, Lancaster, LA2 9NB, a freehold house which sold for £400,000 on the 21st March 2025.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caton, Lancaster, LA2 has a total of 22 addresses. According to our analysis of all the public data, 1 Forge Mill, Lancaster is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £242k more expensive than the average property in LA2.
The closest station to 1 Forge Mill, Lancaster is Lancaster station which is 6.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 1 Forge Mill, Lancaster, 56.9% of property is privately owned outright and 23.3% is privately rented.
The graph below shows how this compares to North 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 1 Forge Mill, Lancaster, 12.2% of residents are recorded as possessing school level qualifications and 41.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Forge Mill, Lancaster, the average age was 48.5 and the most common age was 57.
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 1 Forge Mill, Lancaster, 0.7% 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 1 Forge Mill, Lancaster, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.