1C, Derby House
1C, Derby House
Description & Estimates
According to the public record, 1C, Derby House, Lancaster is a mid-century apartment with 841 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 1C, Derby House, Lancaster is £95,503 and the estimated rental value is £492 per month.
The apartment is within Derby House, Derby Road, Lancaster, LA1.
Derby Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
1C, 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
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 1C, Derby House, Lancaster is in very good condition we estimate a sale value of £100,278 and a rental value of £516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,818 and a rental value of £457 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1C, Derby House, Lancaster has increased by £114 (0.1%), while its estimated rental value has grown by £19 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
1C, 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 mostly double glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 1C, Derby House, Lancaster within a radius of 490 metres over the last 2 years.
The most recent example is Flat 17, St. Leonards Court, Alfred Street, Lancaster, LA1 1FD, a leasehold flat which sold for £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
Derby Road, Lancaster, LA1 has a total of 45 addresses. According to our analysis of all the public data, 1C, Derby House, Lancaster is the 17th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in LA1.
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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
More reading links
Public Transport Nearby
The closest station to 1C, Derby House, Lancaster is Lancaster station, which is 900 metres away.
- 900mLancaster
- 3.4kmBare Lane
- 5.0kmMorecambe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
