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The public record describes 8, Albion Street, Lancaster as a period house with 947 ft2 of internal area, sitting on a 57.5 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Albion Street, Lancaster has an estimated sale value of £158,799 and an estimated rental value of £829 per month, assuming reasonable condition and based on the information available.
Albion Street, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
8, Albion Street, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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.
In very good condition, we estimate 8, Albion Street, Lancaster would be worth £166,739, with a potential rental value of £870 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £147,684, with a rental value of £771 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Albion Street, Lancaster has decreased by £367 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (3.5%). The property's estimated gross yield is currently 6.3%.
8, Albion Street, Lancaster occupies a 58 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 31 have recorded plot sizes, and this one ranks as the 12th largest.
8, Albion Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
8, Albion Street, Lancaster last changed hands on 28th February 2003, selling for £69,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 8, Albion Street, Lancaster across the last 2 years.
Most recently, 22, Wolseley Street, Lancaster, LA1 3PH, a freehold house, sold at £170,000 on the 22nd November 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Albion Street, Lancaster as the 16th largest and the 16th most expensive of the 32 addresses on Albion Street, Lancaster, LA1.
Against the LA1 postcode district average, it is £86k less expensive than the typical property.
Lancaster station is the nearest stop to 8, Albion Street, Lancaster at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Albion Street, Lancaster, 51.6% of property is privately rented and 18.3% 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 8, Albion Street, Lancaster, 54.9% of residents are recorded as possessing school level qualifications and 27.5% 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 8, Albion 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 8, Albion Street, 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 8, Albion Street, Lancaster, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.