24, Water Street
24, Water Street
Description & Estimates
According to the public record, 24, Water Street, Lancaster is a mid-century apartment with 505 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 24, Water Street, Lancaster is £108,226 and the estimated rental value is £618 per month.
Water Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
24, Water Street, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
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 24, Water Street, Lancaster is in very good condition we estimate a sale value of £113,637 and a rental value of £649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,650 and a rental value of £575 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Water Street, Lancaster has increased by £129 (0.1%), while its estimated rental value has grown by £24 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Energy Efficiency
24, Water Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Water Street, Lancaster within a radius of 490 metres over the last 2 years.
The most recent example is Flat 6, Victoria Wharf, St. Georges Quay, Lancaster, LA1 1GA, a leasehold flat which sold for £114,000 on the 4th June 2024.
Read more about house prices in LA1.
- Sold Jun 2024£114,000 | 2 Bed FlatVictoria Wharf, St. Georges QuayFlat 6, Victoria Wharf, St. Georges Quay, Lancaster, LA1 1GA
- Sold Feb 2021£525,000 | 2 Bed FlatKingsway Retail Park, Caton RoadUnit 4, Kingsway Retail Park, Caton Road, Lancaster, LA1 1BS
- Sold Jun 2020£3,981,529 | 2 Bed FlatKingsway Retail Park, Caton RoadUnit 1, Kingsway Retail Park, Caton Road, Lancaster, LA1 1BS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Water Street, Lancaster, LA1 has a total of 36 addresses. According to our analysis of all the public data, 24, Water Street, Lancaster is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in LA1.
More reading links
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
The closest station to 24, Water Street, Lancaster is Lancaster station, which is 600 metres away.
- 600mLancaster
- 3.5kmBare Lane
- 5.0kmMorecambe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
