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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
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11, Wheatfield Court, Lancaster is recorded publicly as a modern leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 11, Wheatfield Court, Lancaster is £67,661 and its rental estimate is £424 per month, given the available information and assuming reasonable condition.
Wheatfield Court, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
11, Wheatfield Court, Lancaster has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated May 2016.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Wheatfield Court, Lancaster, we estimate a market value of £71,044 and a rental value of £445 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,925 and £394 per month respectively.
Over the last year, 11, Wheatfield Court, Lancaster has seen its estimated sale value rise by £81 (0.1%) and its estimated rental value move up by £17 per month (3.9%). This results in an estimated gross rental yield of 7.5%.
11, Wheatfield Court, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 11, Wheatfield Court, Lancaster completed on 1st October 2022 at £65,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 0.6% over the period since October 2022.
Over the past 2 years 3 properties similar to 11, Wheatfield Court, Lancaster have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2024, was 16, Wheatfield Court, Lancaster, LA1 1BE, a leasehold flat which sold for £76,250.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Wheatfield Court, Lancaster, LA1, 11, Wheatfield Court, Lancaster comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £177k less expensive than the average property across the LA1 district.
From 11, Wheatfield Court, Lancaster, the nearest station is Lancaster, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Wheatfield Court, Lancaster, 46.9% of property is privately rented and 27.8% 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, Wheatfield Court, Lancaster, 32.3% of residents are recorded as possessing school level qualifications and 52.8% 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 11, Wheatfield Court, 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, Wheatfield Court, 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, Wheatfield Court, Lancaster, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
