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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 51A, Scotforth Road, Lancaster is £148,945 and the estimated rental value is £688 per month.
Scotforth Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
51A, Scotforth Road, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
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 51A, Scotforth Road, Lancaster is in very good condition we estimate a sale value of £156,392 and a rental value of £722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,519 and a rental value of £640 per month.
Over the last 12 months the sale value of 51A Scotforth Road Lancaster has increased by an estimated £1,885 (1.3%) and its rental value has increased by an estimated £30 per month (4.4%), giving an expected gross yield of 5.5%.
51A, Scotforth Road, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Sep 2018.
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 property sales within a 560 metres radius of 51A, Scotforth Road, Lancaster over the last 2 years.
The most recent example is 55, Scotforth Road, Lancaster, LA1 4SA, a leasehold flat which sold for £150,000 on the 30th May 2022.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotforth Road, Lancaster, LA1 has a total of 192 addresses. According to our analysis of all the public data, 51A, Scotforth Road, Lancaster is the 187th largest and the 169th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in LA1.
The closest station to 51A, Scotforth Road, Lancaster is Lancaster station which is 2.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 51A, Scotforth Road, Lancaster, 35.3% of property is privately owned outright and 34.5% is privately owned with a mortgage.
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 51A, Scotforth Road, Lancaster, 25.9% of residents are recorded as possessing school level qualifications and 42.9% 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 51A, Scotforth Road, Lancaster, the average age was 40.4 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 51A, Scotforth Road, 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 51A, Scotforth Road, Lancaster, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.