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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, 3, Grebe Wharf, Lancaster is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 644 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 3, Grebe Wharf, Lancaster is £124,850 and the estimated rental value is £731 per month.
Grebe Wharf, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
3, Grebe Wharf, Lancaster has 31 entries in the Land Registry , most recently in December 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Grebe Wharf, Lancaster is in very good condition we estimate a sale value of £131,093 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,111 and a rental value of £679 per month.
Over the last 12 months the sale value of 3 Grebe Wharf Lancaster has increased by an estimated £1,148 (0.9%) and its rental value has increased by an estimated £29 per month (4.0%), giving an expected gross yield of 7%.
According to HM Land Registry, 3, Grebe Wharf, Lancaster was last sold on 1st December 2011 for £94,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2011, the market for similar properties has risen 72.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Grebe Wharf, Lancaster within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 517, Bridge Square Apartments, Kingsway, Lancaster, LA1 1BB, a leasehold flat which sold for £107,500 on the 7th March 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grebe Wharf, Lancaster, LA1 has a total of 14 addresses. According to our analysis of all the public data, 3, Grebe Wharf, Lancaster is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in LA1.
The closest station to 3, Grebe Wharf, 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 3, Grebe Wharf, Lancaster, 53.1% of property is socially rented and 21.2% is privately owned with a mortgage.
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 3, Grebe Wharf, Lancaster, 23.6% of residents are recorded as possessing school level qualifications and 23.7% 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 3, Grebe Wharf, Lancaster, the average age was 37.9 and the most common age was 37.
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 3, Grebe Wharf, Lancaster, 0.2% 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 3, Grebe Wharf, 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.
