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According to the public record, 106, Bowerham Road, Lancaster is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 890 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 106, Bowerham Road, Lancaster is £192,460 and the estimated rental value is £715 per month.
Bowerham Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
106, Bowerham Road, Lancaster has a single entry in the Land Registry from January 2016 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 106, Bowerham Road, Lancaster is in very good condition we estimate a sale value of £202,083 and a rental value of £751 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,987 and a rental value of £665 per month.
Over the last 12 months the sale value of 106 Bowerham Road Lancaster has increased by an estimated £2,435 (1.3%) and its rental value has increased by an estimated £32 per month (4.4%), giving an expected gross yield of 4.5%.
According to HM Land Registry, 106, Bowerham Road, Lancaster was last sold on 22nd January 2016 for £152,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2016, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 480 metres radius of 106, Bowerham Road, Lancaster over the last 2 years.
The most recent example is 104, Bowerham Road, Lancaster, LA1 4HL, a freehold house which sold for £161,000 on the 6th July 2018.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bowerham Road, Lancaster, LA1 has a total of 453 addresses. According to our analysis of all the public data, 106, Bowerham Road, Lancaster is the 393rd largest and the 422nd most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in LA1.
The closest station to 106, Bowerham Road, Lancaster is Lancaster station which is 1.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 106, Bowerham Road, Lancaster, 52.5% of property is privately owned outright and 40.8% is privately owned with a mortgage.
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 106, Bowerham Road, Lancaster, 18.7% of residents are recorded as possessing school level qualifications and 39.8% 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 106, Bowerham Road, Lancaster, the average age was 40.4 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 106, Bowerham Road, 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 106, Bowerham Road, Lancaster, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.