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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, Water Street, Lancaster is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 714 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, Water Street, Lancaster is £126,976 and the estimated rental value is £660 per month.
Water Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
3, Water Street, Lancaster has 21 entries in the Land Registry , most recently in September 2014 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 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 3, Water Street, Lancaster is in very good condition we estimate a sale value of £133,325 and a rental value of £693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,088 and a rental value of £614 per month.
Over the last 12 months the sale value of 3 Water Street Lancaster has increased by an estimated £152 (0.1%) and its rental value has increased by an estimated £26 per month (3.9%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 3, Water Street, Lancaster was last sold on 5th September 2014 for £89,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2014, the market for similar properties has risen 35.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Water Street, Lancaster within a radius of 480 metres over the last 2 years.
The most recent example is 83 Lune Square, Damside Street, Lancaster, LA1 1AH, a leasehold flat which sold for £95,000 on the 26th August 2025.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Water Street, Lancaster, LA1 has a total of 36 addresses. According to our analysis of all the public data, 3, Water Street, Lancaster is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in LA1.
The closest station to 3, Water Street, Lancaster is Lancaster station which is 600 metres 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, Water Street, Lancaster, 61.8% of property is privately rented and 21.0% is socially rented.
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, Water Street, Lancaster, 62.1% of residents are recorded as possessing school level qualifications and 41.5% 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, Water Street, Lancaster, the average age was 32.3 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 3, Water Street, Lancaster, 1.1% 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, Water Street, Lancaster, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
