2, Fair Elms
2, Fair Elms
Description & Estimates
2, Fair Elms, Lancaster is recorded publicly as a modern leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Fair Elms, Lancaster is £166,205 and its rental estimate is £663 per month, given the available information and assuming reasonable condition.
Fair Elms, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
Our Data Sources
2, Fair Elms, Lancaster has 31 entries in the Land Registry , most recently in November 2025 and a single entry in the EPC database dated February 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Fair Elms, Lancaster, we estimate a market value of £174,515 and a rental value of £696 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,570 and £617 per month respectively.
Recent Market Change
Over the last year, 2, Fair Elms, Lancaster has seen its estimated sale value move up by £199 (0.1%) and its estimated rental value increase by £26 per month (3.9%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
2, Fair Elms, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Fair Elms, Lancaster completed on 25th November 2025 at £175,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 30.6% over the period since November 2025.
- Sold Nov 2025£175,000
- Sold Jul 2014£152,000
- Sold Jun 2004£147,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Fair Elms, Lancaster have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2024, was 4, Fair Elms, Lancaster, LA1 5TN, a leasehold flat which sold for £145,000.
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 29 addresses on Fair Elms, Lancaster, LA1, 2, Fair Elms, Lancaster comes out as the 28th largest and the 27th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the LA1 district.
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Schools Nearby
- 300mWillow Lane Community Primary School
- 700mLancaster Dallas Road Community Primary School
- 1.4kmThe Cathedral Catholic Primary School, Lancaster
- 700mLancaster Girls' Grammar School
- 1.1kmRipley St Thomas Church of England Academy
- 1.3kmOur Lady's Catholic College
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Public Transport Nearby
From 2, Fair Elms, Lancaster, the nearest station is Lancaster, 500 metres away.
- 500mLancaster
- 3.5kmBare Lane
- 4.5kmMorecambe
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 very low, based on Environment Agency data.
