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33, Water Street, Lancaster is described in the public record as a mid-century apartment with 610 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 33, Water Street, Lancaster is £117,529 and its rental estimate is £641 per month, given the available information and assuming reasonable condition.
Water Street, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
33, Water Street, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated March 2009.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 33, Water Street, Lancaster, we estimate a market value of £123,406 and a rental value of £673 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,302 and £596 per month respectively.
Over the last year, 33, Water Street, Lancaster has seen its estimated sale value increase by £141 (0.1%) and its estimated rental value grow by £25 per month (3.9%). This results in an estimated gross rental yield of 6.5%.
33, Water Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 33, Water Street, Lancaster have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th February 2025, was 62 Lune Square, Damside Street, Lancaster, LA1 1AH, a leasehold flat which sold for £108,000.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Water Street, Lancaster, LA1, 33, Water Street, Lancaster comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the LA1 district.
From 33, Water Street, Lancaster, the nearest station is Lancaster, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 33, 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 33, 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 33, 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 33, 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 33, 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.