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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
According to the public record, 72, Watery Lane, Lancaster is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 542 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 72, Watery Lane, Lancaster is £89,939 and the estimated rental value is £533 per month.
Watery Lane, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
72, Watery Lane, Lancaster has 31 entries in the Land Registry , most recently in December 2013 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 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 72, Watery Lane, Lancaster is in very good condition we estimate a sale value of £94,436 and a rental value of £559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,643 and a rental value of £495 per month.
Over the last 12 months the sale value of 72 Watery Lane Lancaster has increased by an estimated £108 (0.1%) and its rental value has increased by an estimated £21 per month (3.9%), giving an expected gross yield of 7.1%.
According to HM Land Registry, 72, Watery Lane, Lancaster was last sold on 13th December 2013 for £67,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2013, the market for similar properties has risen 67.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Watery Lane, Lancaster within a radius of 670 metres over the last 2 years.
The most recent example is 54, Watery Lane, Lancaster, LA1 2SL, a leasehold flat which sold for £71,500 on the 29th November 2013.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watery Lane, Lancaster, LA1 has a total of 89 addresses. According to our analysis of all the public data, 72, Watery Lane, Lancaster is the 89th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in LA1.
The closest station to 72, Watery Lane, Lancaster is Lancaster station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 72, Watery Lane, Lancaster, 37.1% of property is privately owned with a mortgage and 28.5% is privately owned outright.
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 72, Watery Lane, Lancaster, 20.1% of residents are recorded as possessing school level qualifications and 16.7% 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 72, Watery Lane, Lancaster, the average age was 43.1 and the most common age was 52.
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 72, Watery Lane, Lancaster, 0.0% 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 72, Watery Lane, Lancaster, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
