22, Water Street
22, Water Street
Description & Estimates
Public records show 22, Water Street, Lancaster to be a modern leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
22, Water Street, Lancaster has an estimated sale value of £108,226 and an estimated rental value of £618 per month, assuming reasonable condition and based on the information available.
Water Street, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
Our Data Sources
22, Water Street, Lancaster has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated June 2019.
We combine this information with that 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
In very good condition, we estimate 22, Water Street, Lancaster would be worth £113,637, with a potential rental value of £649 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,650, with a rental value of £575 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 22, Water Street, Lancaster has risen by £129 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (3.9%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
22, Water Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
22, Water Street, Lancaster last changed hands on 25th June 2007, selling for £64,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 18.9% since June 2007.
- Sold Jun 2007£64,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 22, Water Street, Lancaster across the last 2 years.
Most recently, Flat 6, Equitable House, Bulk Street, Lancaster, LA1 1GX, a leasehold flat, sold at £95,000 on the 21st March 2025.
Read more about house prices in LA1.
- Sold Mar 2025£95,000 | 2 Bed FlatEquitable House, Bulk StreetFlat 6, Equitable House, Bulk Street, Lancaster, LA1 1GX
- Sold May 2024£98,000 | 2 Bed FlatEquitable House, Bulk StreetFlat 24, Equitable House, Bulk Street, Lancaster, LA1 1GX
- Sold Jan 2020£50,000 | 2 Bed FlatDamside Street31 Lune Square, Damside Street, Lancaster, LA1 1AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 22, Water Street, Lancaster as the 33rd largest and the 33rd most expensive of the 36 addresses on Water Street, Lancaster, LA1.
Against the LA1 postcode district average, it is £137k less expensive than the typical property.
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Schools Nearby
- 600mLancaster Dallas Road Community Primary School
- 700mThe Cathedral Catholic Primary School, Lancaster
- 900mCastle View Primary Academy
- 400mOur Lady's Catholic College
- 600mLancaster Girls' Grammar School
- 800mLancaster Royal Grammar School
More reading links
Public Transport Nearby
Lancaster station is the nearest stop to 22, Water Street, Lancaster at 600 metres away.
- 600mLancaster
- 3.5kmBare Lane
- 5.0kmMorecambe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
