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According to the public record, 8, Swan Yard, Lancaster is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 875 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 8, Swan Yard, Lancaster is £176,315 and the estimated rental value is £738 per month.
Swan Yard, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
8, Swan Yard, Lancaster has a single entry in the Land Registry from January 2012 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 2 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 8, Swan Yard, Lancaster is in very good condition we estimate a sale value of £185,131 and a rental value of £775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,973 and a rental value of £687 per month.
Over the last 12 months the sale value of 8 Swan Yard Lancaster has increased by an estimated £1,621 (0.9%) and its rental value has increased by an estimated £30 per month (4.0%), giving an expected gross yield of 5%.
According to HM Land Registry, 8, Swan Yard, Lancaster was last sold on 31st January 2012 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2012, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Swan Yard, Lancaster within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 307, Mill View House, Aalborg Place, Lancaster, LA1 1AU, a leasehold flat which sold for £166,000 on the 18th December 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swan Yard, Lancaster, LA1 has a total of 21 addresses. According to our analysis of all the public data, 8, Swan Yard, Lancaster is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in LA1.
The closest station to 8, Swan Yard, Lancaster is Lancaster station which is 900 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 8, Swan Yard, Lancaster, 38.1% of property is socially rented and 34.8% 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 8, Swan Yard, Lancaster, 35.2% of residents are recorded as possessing school level qualifications and 36.7% 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 8, Swan Yard, Lancaster, the average age was 33.5 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, Swan Yard, 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, Swan Yard, Lancaster, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.