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According to the public record, 18A, Willow Lane, Lancaster is a mid-century apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18A, Willow Lane, Lancaster is £99,809 and the estimated rental value is £539 per month.
Willow Lane, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
18A, Willow Lane, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
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 18A, Willow Lane, Lancaster is in very good condition we estimate a sale value of £104,800 and a rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,823 and a rental value of £501 per month.
Over the last 12 months the sale value of 18A Willow Lane Lancaster has increased by an estimated £630 (0.6%) and its rental value has increased by an estimated £21 per month (3.8%), giving an expected gross yield of 6.5%.
18A, Willow Lane, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 18A, Willow Lane, Lancaster within a radius of 490 metres over the last 2 years.
The most recent example is 5 Salisbury Court, West Road, Lancaster, LA1 5PE, a leasehold flat which sold for £75,500 on the 9th January 2017.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Lane, Lancaster, LA1 has a total of 151 addresses. According to our analysis of all the public data, 18A, Willow Lane, Lancaster is the 26th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in LA1.
The closest station to 18A, Willow Lane, Lancaster is Lancaster station which is 500 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 18A, Willow Lane, Lancaster, 61.5% of property is socially rented and 13.3% 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 18A, Willow Lane, Lancaster, 27.6% of residents are recorded as possessing school level qualifications and 19.9% 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 18A, Willow Lane, Lancaster, the average age was 39.7 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 18A, Willow 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 18A, Willow Lane, 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.