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Public records show 11, Albion Mews, Lancaster to be a mid-century leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
11, Albion Mews, Lancaster has an estimated sale value of £63,055 and an estimated rental value of £388 per month, assuming reasonable condition and based on the information available.
Albion Mews, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
11, Albion Mews, Lancaster has 21 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 11, Albion Mews, Lancaster would be worth £66,208, with a potential rental value of £408 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £58,641, with a rental value of £361 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 11, Albion Mews, Lancaster has increased by £75 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £15 (3.9%). The property's estimated gross yield is currently 7.4%.
11, Albion Mews, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
11, Albion Mews, Lancaster last changed hands on 19th December 2017, selling for £57,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 31.4% since December 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 11, Albion Mews, Lancaster across the last 2 years.
Most recently, 25, Albion Mews, Lancaster, LA1 1GE, a leasehold flat, sold at £75,000 on the 12th July 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 11, Albion Mews, Lancaster as the 23rd largest and the 23rd most expensive of the 24 addresses on Albion Mews, Lancaster, LA1.
Against the LA1 postcode district average, it is £182k less expensive than the typical property.
Lancaster station is the nearest stop to 11, Albion Mews, Lancaster at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Albion Mews, Lancaster, 51.6% of property is privately rented and 18.3% 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 11, Albion Mews, Lancaster, 54.9% of residents are recorded as possessing school level qualifications and 27.5% 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 11, Albion Mews, Lancaster, the average age was 32.3 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 11, Albion Mews, 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 11, Albion Mews, Lancaster, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.