1A, Derby House
1A, Derby House
Description & Estimates
The public record describes 1A, Derby House, Lancaster as a mid-century apartment with 841 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1A, Derby House, Lancaster has an estimated sale value of £95,503 and an estimated rental value of £492 per month, assuming reasonable condition and based on the information available.
The apartment sits within Derby House, Derby Road, Lancaster, LA1.
Derby Road, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
Our Data Sources
1A, Derby House, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated March 2009.
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
In very good condition, we estimate 1A, Derby House, Lancaster would be worth £100,278, with a potential rental value of £516 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,818, with a rental value of £457 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1A, Derby House, Lancaster has increased by £114 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £19 (3.9%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
1A, Derby House, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 490 metres of 1A, Derby House, Lancaster across the last 2 years.
Most recently, Flat 17, St. Leonards Court, Alfred Street, Lancaster, LA1 1FD, a leasehold flat, sold at £67,000 on the 1st April 2014.
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
Our analysis of the public data ranks 1A, Derby House, Lancaster as the 18th largest and the 42nd most expensive of the 45 addresses on Derby Road, Lancaster, LA1.
Against the LA1 postcode district average, it is £150k less expensive than the typical property.
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Schools Nearby
- 600mSt Josephs Catholic Primary School, Lancaster
- 700mCastle View Primary Academy
- 900mThe Cathedral Catholic Primary School, Lancaster
- 300mOur Lady's Catholic College
- 1.0kmLancaster High School
- 1.0kmLancaster Royal Grammar School
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Public Transport Nearby
Lancaster station is the nearest stop to 1A, Derby House, Lancaster at 900 metres away.
- 900mLancaster
- 3.4kmBare Lane
- 5.0kmMorecambe
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
