5, Castle Park
5, Castle Park
Description & Estimates
Public records show 5, Castle Park, Lancaster to be a modern Leasehold apartment with 1,054 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
5, Castle Park, Lancaster has an estimated sale value of £240,879 and an estimated rental value of £1,082 per month, assuming reasonable condition and based on the information available.
Castle Park, Hornby, Lancaster, LA2 lies in the borough of Lancaster, within the LA2 postal district.
Our Data Sources
5, Castle Park, Lancaster has 21 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated May 2014.
We combine this information with that 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
In very good condition, we estimate 5, Castle Park, Lancaster would be worth £252,923, with a potential rental value of £1,137 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,018, with a rental value of £1,007 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Castle Park, Lancaster has declined by £1,011 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (2.9%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
5, Castle Park, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Castle Park, Lancaster last changed hands on 31st August 2016, selling for £190,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.5% since August 2016.
- Sold Aug 2016£190,000
- Sold Aug 1997£85,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 6.3 kilometres of 5, Castle Park, Lancaster across the last 2 years.
Most recently, 5 Lingard Gate, Main Street, Lancaster, LA2 8JT, a leasehold flat, sold at £210,000 on the 7th September 2021.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Castle Park, Lancaster as the 11th largest and the 11th most expensive of the 13 addresses on Castle Park, Hornby, Lancaster, LA2.
Against the LA2 postcode district average, it is £80k less expensive than the typical property.
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Schools Nearby
- 200mHornby St Margaret's Church of England Primary School
- 2.1kmWray with Botton Endowed Primary School
- 2.9kmMelling St Wilfrid Church of England Primary School
- 8.3kmCarnforth High School
- 10.1kmQueen Elizabeth School
- 10.1kmQueen Elizabeth Studio School
More reading links
Public Transport Nearby
Wennington station is the nearest stop to 5, Castle Park, Lancaster at 3.4 kilometres away.
- 3.4kmWennington
- 8.1kmBentham
- 9.1kmCarnforth
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
