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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1 Hills Court, Mainway, Lancaster is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,005 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Hills Court, Mainway, Lancaster is £79,655 and the estimated rental value is £437 per month.
Mainway, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
1 Hills Court, Mainway, Lancaster has 21 entries in the Land Registry , most recently in April 2008 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 1 out of 5 and is considered of low 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 Hills Court, Mainway, Lancaster is in very good condition we estimate a sale value of £83,637 and a rental value of £459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,079 and a rental value of £407 per month.
Over the last 12 months the sale value of 1 Hills Court Mainway Lancaster has increased by an estimated £503 (0.6%) and its rental value has increased by an estimated £17 per month (3.8%), giving an expected gross yield of 6.6%.
According to HM Land Registry, 1 Hills Court, Mainway, Lancaster was last sold on 29th April 2008 for £118,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2008, the market for similar properties has risen 149.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 1 Hills Court, Mainway, Lancaster over the last 2 years.
The most recent example is 5 Hills Court, Mainway, Lancaster, LA1 2AX, a freehold house which sold for £127,500 on the 2nd August 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mainway, Lancaster, LA1 has a total of 211 addresses. According to our analysis of all the public data, 1 Hills Court, Mainway, Lancaster is the largest and the 155th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in LA1.
The closest station to 1 Hills Court, Mainway, Lancaster is Lancaster station which is 1.1 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 Hills Court, Mainway, Lancaster, 78.7% of property is socially rented and 8.7% is privately owned outright.
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 Hills Court, Mainway, Lancaster, 10.8% of residents are recorded as possessing school level qualifications and 16.9% 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 Hills Court, Mainway, Lancaster, the average age was 38.7 and the most common age was 22.
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 Hills Court, Mainway, Lancaster, 0.0% 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 Hills Court, Mainway, Lancaster, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
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