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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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61, Spinners Court, Lancaster appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 930 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 61, Spinners Court, Lancaster is £105,418 and its rental estimate is £519 per month, given the available information and assuming reasonable condition.
Spinners Court, Lancaster, LA1 falls within the LA1 postal district, in the borough of Lancaster.
61, Spinners Court, Lancaster has 41 entries in the Land Registry , most recently in August 2019 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.
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 61, Spinners Court, Lancaster, we estimate a market value of £110,689 and a rental value of £544 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £98,038 and £482 per month respectively.
Over the last year, 61, Spinners Court, Lancaster has seen its estimated sale value grow by £126 (0.1%) and its estimated rental value climb by £20 per month (3.9%). This results in an estimated gross rental yield of 5.9%.
The most recent sale of 61, Spinners Court, Lancaster completed on 23rd August 2019 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 9.9% over the period since August 2019.
Over the past 2 years 3 properties similar to 61, Spinners Court, Lancaster have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2023, was 64, Spinners Court, Lancaster, LA1 1RY, a leasehold flat which sold for £130,000.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 65 addresses on Spinners Court, Lancaster, LA1, 61, Spinners Court, Lancaster comes out as the 3rd largest and the 5th most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the LA1 district.
From 61, Spinners Court, 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 very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Spinners Court, Lancaster, 42.5% of property is privately owned outright and 40.2% is privately 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 61, Spinners Court, Lancaster, 39.6% of residents are recorded as possessing school level qualifications and 44.6% 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 61, Spinners Court, 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 61, Spinners Court, Lancaster, 2.7% 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 61, Spinners Court, Lancaster, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
