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According to the public record, 39, Waterside, Lancaster is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,014 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Waterside, Lancaster is £177,479 and the estimated rental value is £774 per month.
Waterside, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
39, Waterside, Lancaster has 21 entries in the Land Registry , most recently in June 2010 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 39, Waterside, Lancaster is in very good condition we estimate a sale value of £186,352 and a rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,055 and a rental value of £719 per month.
Over the last 12 months the sale value of 39 Waterside Lancaster has increased by an estimated £1,121 (0.6%) and its rental value has increased by an estimated £30 per month (3.8%), giving an expected gross yield of 5.2%.
According to HM Land Registry, 39, Waterside, Lancaster was last sold on 28th June 2010 for £179,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2010, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Waterside, Lancaster within a radius of 510 metres over the last 2 years.
The most recent example is 12 Lune Square, Damside Street, Lancaster, LA1 1AH, a leasehold flat which sold for £169,950 on the 27th September 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterside, Lancaster, LA1 has a total of 58 addresses. According to our analysis of all the public data, 39, Waterside, Lancaster is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in LA1.
The closest station to 39, Waterside, Lancaster is Lancaster station which is 500 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 39, Waterside, 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 39, Waterside, 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 39, Waterside, 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 39, Waterside, 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 39, Waterside, 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.