1B, Derby House
1B, Derby House
Description & Estimates
1B, Derby House, Lancaster is described in the public record as a mid-century apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1B, Derby House, Lancaster is £85,639 and its rental estimate is £482 per month, given the available information and assuming reasonable condition.
Derby House, Derby Road is a residential building on Derby Road, Lancaster, LA1 and falls within the LA1 postal district and the borough of Lancaster.
Our Data Sources
1B, Derby House, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
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 1B, Derby House, Lancaster, we estimate a market value of £89,921 and a rental value of £506 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,644 and £448 per month respectively.
Recent Market Change
Over the last year, 1B, Derby House, Lancaster has seen its estimated sale value grow by £102 (0.1%) and its estimated rental value climb by £19 per month (3.9%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
1B, Derby House, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1B, Derby House, Lancaster have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was Flat 7, St. Leonards Court, Alfred Street, Lancaster, LA1 1FD, a leasehold flat which sold for £73,950.
Read more about house prices in LA1.
- Sold Apr 2024£73,950 | 2 Bed FlatSt. Leonards Court, Alfred StreetFlat 7, St. Leonards Court, Alfred Street, Lancaster, LA1 1FD
- Sold Jan 2024£82,500 | 2 Bed FlatSt. Leonards Court, Alfred StreetFlat 33, St. Leonards Court, Alfred Street, Lancaster, LA1 1FD
- Sold Sep 2021£75,000 | 2 Bed FlatDerby House, Derby Road2D, Derby House, Derby Road, Lancaster, LA1 2AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Derby Road, Lancaster, LA1, 1B, Derby House, Lancaster comes out as the 41st largest and the 44th most expensive in our analysis of the public data.
It is also £159k less expensive than the average property across the LA1 district.
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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
From 1B, Derby House, Lancaster, the nearest station is Lancaster, 900 metres away.
- 900mLancaster
- 3.4kmBare Lane
- 5.0kmMorecambe
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
