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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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According to the public record, 16, King Street, Lancaster is a period leasehold apartment with 1,217 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, King Street, Lancaster is £159,500 and the estimated rental value is £742 per month.
King Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
16, King Street, Lancaster has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property 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 16, King Street, Lancaster is in very good condition we estimate a sale value of £167,475 and a rental value of £779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,335 and a rental value of £690 per month.
Over the last 12 months the sale value of 16 King Street Lancaster has increased by an estimated £1,210 (0.8%) and its rental value has increased by an estimated £35 per month (4.7%), giving an expected gross yield of 5.6%.
16, King Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, King Street, Lancaster was last sold on 14th January 2022 for £297,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, King Street, Lancaster within a radius of 400 metres over the last 2 years.
The most recent example is 23B, Queen Street, Lancaster, LA1 1RX, a leasehold flat which sold for £195,000 on the 18th October 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Street, Lancaster, LA1 has a total of 50 addresses. According to our analysis of all the public data, 16, King Street, Lancaster is the 14th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in LA1.
The closest station to 16, King Street, Lancaster is Lancaster station which is 400 metres away.
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 16, King Street, Lancaster, % of property is and % is .
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 16, King Street, Lancaster, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, King Street, 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 16, King Street, Lancaster, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
