14, Albion Mews
14, Albion Mews
Description & Estimates
According to the public record, 14, Albion Mews, Lancaster is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Albion Mews, Lancaster is £69,510 and the estimated rental value is £407 per month.
Albion Mews, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
14, Albion Mews, Lancaster has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated December 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.
Price Range & Condition
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 14, Albion Mews, Lancaster is in very good condition we estimate a sale value of £72,985 and a rental value of £427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,644 and a rental value of £378 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 14, Albion Mews, Lancaster has moved up by £83 (0.1%), while its estimated rental value has increased by £16 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
14, Albion Mews, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
According to HM Land Registry, 14, Albion Mews, Lancaster was last sold on 12th November 2021 for £53,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has risen by 19.2%.
- Sold Nov 2021£53,000
- Sold Oct 2012£45,900
- Sold Jul 1997£27,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Albion Mews, Lancaster within a radius of 410 metres over the last 2 years.
The most recent example is 25, Albion Mews, Lancaster, LA1 1GE, a leasehold flat which sold for £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.
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Location Comparison
Albion Mews, Lancaster, LA1 has a total of 24 addresses. According to our analysis of all the public data, 14, Albion Mews, Lancaster is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in LA1.
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Schools Nearby
- 400mCastle View Primary Academy
- 500mThe Cathedral Catholic Primary School, Lancaster
- 600mLancaster Christ Church Church of England Primary School
- 500mLancaster Royal Grammar School
- 700mLancaster High School
- 700mOur Lady's Catholic College
More reading links
Public Transport Nearby
The closest station to 14, Albion Mews, Lancaster is Lancaster station, which is 1.1 kilometres away.
- 1.1kmLancaster
- 3.9kmBare Lane
- 5.5kmMorecambe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
