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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Hope Street, Lancaster is a period apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hope Street, Lancaster is £125,137 and the estimated rental value is £647 per month.
Hope Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
2, Hope Street, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
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.
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 2, Hope Street, Lancaster is in very good condition we estimate a sale value of £131,394 and a rental value of £680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,378 and a rental value of £602 per month.
Over the last 12 months the sale value of 2 Hope Street Lancaster has increased by an estimated £1,071 (0.9%) and its rental value has increased by an estimated £30 per month (4.6%), giving an expected gross yield of 6.2%.
2, Hope Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Hope Street, Lancaster within a radius of 450 metres over the last 2 years.
The most recent example is 7, Charles Street, Lancaster, LA1 4UU, a leasehold flat which sold for £120,000 on the 16th June 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hope Street, Lancaster, LA1 has a total of 48 addresses. According to our analysis of all the public data, 2, Hope Street, Lancaster is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in LA1.
The closest station to 2, Hope Street, Lancaster is Lancaster station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Hope Street, Lancaster, 62.4% of property is privately rented and 19.7% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Hope Street, Lancaster, 44.0% of residents are recorded as possessing school level qualifications and 40.2% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Hope Street, Lancaster, the average age was 33.5 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Hope Street, Lancaster, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Hope Street, Lancaster, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
