8, The Crescent
8, The Crescent
Description & Estimates
8, The Crescent, Lancaster is recorded publicly as a modern leasehold apartment across 882 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, The Crescent, Lancaster is £265,333 and its rental estimate is £1,103 per month, given the available information and assuming reasonable condition.
The Crescent, Hest Bank, Lancaster, LA2 falls within the LA2 postal district, in the borough of Lancaster.
Our Data Sources
8, The Crescent, Lancaster has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, The Crescent, Lancaster, we estimate a market value of £278,599 and a rental value of £1,158 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £246,759 and £1,026 per month respectively.
Recent Market Change
Over the last year, 8, The Crescent, Lancaster has seen its estimated sale value move down by £2,014 (0.8%) and its estimated rental value increase by £31 per month (2.8%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
8, The Crescent, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 8, The Crescent, Lancaster completed on 8th October 2024 at £270,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.6% over the period since October 2024.
- Sold Oct 2024£270,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 8, The Crescent, Lancaster have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th May 2016, was 14, The Crescent, Lancaster, LA2 6DP, a leasehold flat which sold for £220,000.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on The Crescent, Hest Bank, Lancaster, LA2, 8, The Crescent, Lancaster comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the LA2 district.
More reading links
Schools Nearby
- 700mSlyne-with-Hest, St Luke's, Church of England Primary School
- 2.3kmBolton-le-Sands Church of England Primary School
- 2.4kmGreat Wood Primary School
- 2.9kmMorecambe Bay Academy
- 4.0kmOur Lady's Catholic College
- 4.4kmLancaster High School
More reading links
Public Transport Nearby
From 8, The Crescent, Lancaster, the nearest station is Bare Lane, 2.2 kilometres away.
- 2.2kmBare Lane
- 4.2kmMorecambe
- 4.6kmLancaster
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
