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According to the public record, 7, Brook Street, Lancaster is a period freehold house with 1,022 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Brook Street, Lancaster is £274,943 and the estimated rental value is £978 per month.
Brook Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
7, Brook Street, Lancaster has 3 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Brook Street, Lancaster is in very good condition we estimate a sale value of £288,690 and a rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,697 and a rental value of £909 per month.
Over the last 12 months the sale value of 7 Brook Street Lancaster has increased by an estimated £1,563 (0.6%) and its rental value has increased by an estimated £36 per month (3.7%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, Brook Street, Lancaster sits on a plot of 117m2.
We have plot size data on 16 out of 21 other houses in the postcode and 7, Brook Street, Lancaster sits on the 4th largest plot.
7, Brook Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jun 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Brook Street, Lancaster was last sold on 7th November 2018 for £265,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2018, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Brook Street, Lancaster within a radius of 570 metres over the last 2 years.
The most recent example is 18, Cromwell Road, Lancaster, LA1 5BD, a freehold house which sold for £245,000 on the 31st March 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Street, Lancaster, LA1 has a total of 21 addresses. According to our analysis of all the public data, 7, Brook Street, Lancaster is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in LA1.
The closest station to 7, Brook Street, Lancaster is Lancaster station which is 700 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 7, Brook Street, Lancaster, 42.9% of property is privately owned outright and 26.9% 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, Brook Street, Lancaster, 63.1% of residents are recorded as possessing school level qualifications and 35.8% 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, Brook 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 7, Brook Street, Lancaster, 0.2% 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, Brook Street, Lancaster, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.