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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1A, Bridge Road, Lancaster is a period apartment with 688 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 1A, Bridge Road, Lancaster is £159,875 and the estimated rental value is £721 per month.
The apartment is within 1, Bridge Road, Lancaster, LA1.
Bridge Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
1A, Bridge Road, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1A, Bridge Road, Lancaster is in very good condition we estimate a sale value of £167,869 and a rental value of £757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,684 and a rental value of £671 per month.
Over the last 12 months the sale value of 1A Bridge Road Lancaster has increased by an estimated £1,470 (0.9%) and its rental value has increased by an estimated £29 per month (4.0%), giving an expected gross yield of 5.4%.
1A, Bridge Road, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Bridge Road, Lancaster within a radius of 450 metres over the last 2 years.
The most recent example is Flat 9, Brunton House, Scotforth Road, Lancaster, LA1 4TU, a leasehold flat which sold for £120,000 on the 20th September 2021.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bridge Road, Lancaster, LA1 has a total of 40 addresses. According to our analysis of all the public data, 1A, Bridge Road, Lancaster is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in LA1.
The closest station to 1A, Bridge Road, Lancaster is Lancaster station which is 1.5 kilometres 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 1A, Bridge Road, Lancaster, 39.8% of property is privately owned outright and 28.0% 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 1A, Bridge Road, Lancaster, 38.7% of residents are recorded as possessing school level qualifications and 44.8% 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 1A, Bridge Road, 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 1A, Bridge Road, Lancaster, 1.0% 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 1A, Bridge Road, Lancaster, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
