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According to the public record, 22, Storey Hall, Lancaster is a modern leasehold apartment with 727 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 22, Storey Hall, Lancaster is £146,881 and the estimated rental value is £657 per month.
The apartment is within Storey Hall, Ashton Road, Lancaster, LA1.
Ashton Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
22, Storey Hall, Lancaster has 21 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated October 2010.
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.
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 22, Storey Hall, Lancaster is in very good condition we estimate a sale value of £154,225 and a rental value of £690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,599 and a rental value of £611 per month.
Over the last 12 months the sale value of 22 Storey Hall Lancaster has increased by an estimated £176 (0.1%) and its rental value has increased by an estimated £26 per month (3.9%), giving an expected gross yield of 5.4%.
22, Storey Hall, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 22, Storey Hall, Lancaster was last sold on 23rd October 2015 for £123,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen 37.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Storey Hall, Lancaster within a radius of 750 metres over the last 2 years.
The most recent example is 10, Storey Hall, Ashton Road, Lancaster, LA1 5FB, a leasehold flat which sold for £154,950 on the 28th September 2021.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashton Road, Lancaster, LA1 has a total of 122 addresses. According to our analysis of all the public data, 22, Storey Hall, Lancaster is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in LA1.
The closest station to 22, Storey Hall, Lancaster is Lancaster station which is 1.7 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 22, Storey Hall, Lancaster, 64.6% of property is privately rented and 17.1% 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 22, Storey Hall, Lancaster, 67.7% of residents are recorded as possessing school level qualifications and 29.0% 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 22, Storey Hall, Lancaster, the average age was 39.7 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 22, Storey Hall, Lancaster, 0.5% 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 22, Storey Hall, 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.