17, Water Street
17, Water Street
Description & Estimates
17, Water Street, Lancaster is described in the public record as a modern apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 17, Water Street, Lancaster is £108,226 and its rental estimate is £618 per month, given the available information and assuming reasonable condition.
Water Street, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
Our Data Sources
17, Water Street, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated August 2014.
We combine this information with public data 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.
Price Range & Condition
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 17, Water Street, Lancaster, we estimate a market value of £113,637 and a rental value of £649 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,650 and £575 per month respectively.
Recent Market Change
Over the last year, 17, Water Street, Lancaster has seen its estimated sale value climb by £129 (0.1%) and its estimated rental value rise by £24 per month (3.9%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
17, Water Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 17, Water Street, Lancaster have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was Flat 24, Equitable House, Bulk Street, Lancaster, LA1 1GX, a leasehold flat which sold for £98,000.
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
Of the 36 addresses on Water Street, Lancaster, LA1, 17, Water Street, Lancaster comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the LA1 district.
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Schools Nearby
- 600mLancaster Dallas Road Community Primary School
- 700mThe Cathedral Catholic Primary School, Lancaster
- 900mCastle View Primary Academy
- 400mOur Lady's Catholic College
- 600mLancaster Girls' Grammar School
- 800mLancaster Royal Grammar School
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Public Transport Nearby
From 17, Water Street, Lancaster, the nearest station is Lancaster, 600 metres away.
- 600mLancaster
- 3.5kmBare Lane
- 5.0kmMorecambe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
