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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, 7, Bishopsgate, Lancaster is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 826 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Bishopsgate, Lancaster is £210,169 and the estimated rental value is £963 per month.
Bishopsgate, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
7, Bishopsgate, Lancaster has 21 entries in the Land Registry , most recently in September 2007 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 7, Bishopsgate, Lancaster is in very good condition we estimate a sale value of £220,677 and a rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,457 and a rental value of £896 per month.
Over the last 12 months the sale value of 7 Bishopsgate Lancaster has increased by an estimated £1,194 (0.6%) and its rental value has increased by an estimated £36 per month (3.7%), giving an expected gross yield of 5.5%.
According to HM Land Registry, 7, Bishopsgate, Lancaster was last sold on 28th September 2007 for £142,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bishopsgate, Lancaster within a radius of 590 metres over the last 2 years.
The most recent example is 12, Bishopsgate, Lancaster, LA1 4QF, a leasehold house which sold for £162,500 on the 14th June 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishopsgate, Lancaster, LA1 has a total of 13 addresses. According to our analysis of all the public data, 7, Bishopsgate, Lancaster is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in LA1.
The closest station to 7, Bishopsgate, Lancaster is Lancaster station which is 2.4 kilometres 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 7, Bishopsgate, Lancaster, 51.7% of property is privately owned outright and 38.1% is privately owned with a mortgage.
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 7, Bishopsgate, Lancaster, 20.2% of residents are recorded as possessing school level qualifications and 50.0% 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 7, Bishopsgate, Lancaster, the average age was 40.4 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 7, Bishopsgate, Lancaster, 1.9% 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 7, Bishopsgate, Lancaster, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
