Apartment 2, 27
Apartment 2, 27
Description & Estimates
Apartment 2, 27, Castle Hill, Lancaster is recorded publicly as a modern leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 2, 27, Castle Hill, Lancaster is £190,717 and its rental estimate is £720 per month, given the available information and assuming reasonable condition.
27, Castle Hill is a residential building on Castle Hill, Lancaster, LA1 and falls within the LA1 postal district and the borough of Lancaster.
Our Data Sources
Apartment 2, 27, Castle Hill, Lancaster has 2 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated September 2020.
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 Apartment 2, 27, Castle Hill, Lancaster, we estimate a market value of £200,253 and a rental value of £756 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,367 and £670 per month respectively.
Recent Market Change
Over the last year, Apartment 2, 27, Castle Hill, Lancaster has seen its estimated sale value increase by £228 (0.1%) and its estimated rental value grow by £28 per month (3.9%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Apartment 2, 27, Castle Hill, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Apartment 2, 27, Castle Hill, Lancaster completed on 23rd July 2015 at £170,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.6% over the period since July 2015.
- Sold Jul 2015£170,000
- Sold Dec 2008£124,999
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 2, 27, Castle Hill, Lancaster have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th April 2022, was 44 Harrier Court, Fenton Street, Lancaster, LA1 1AE, a leasehold flat which sold for £180,000.
Read more about house prices in LA1.
- Sold Apr 2022£180,000 | 2 Bed FlatFenton Street44 Harrier Court, Fenton Street, Lancaster, LA1 1AE
- Sold Sep 2021£140,000 | 2 Bed FlatFenton Street31 Harrier Court, Fenton Street, Lancaster, LA1 1AE
- Sold Jul 2021£160,000 | 2 Bed FlatChennell House, Castle Park MewsFlat 5, Chennell House, Castle Park Mews, Lancaster, LA1 1WA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 23 addresses on Castle Hill, Lancaster, LA1, Apartment 2, 27, Castle Hill, Lancaster comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the LA1 district.
More reading links
Schools Nearby
- 300mLancaster Dallas Road Community Primary School
- 700mWillow Lane Community Primary School
- 800mThe Cathedral Catholic Primary School, Lancaster
- 400mLancaster Girls' Grammar School
- 700mOur Lady's Catholic College
- 900mLancaster Royal Grammar School
More reading links
Public Transport Nearby
From Apartment 2, 27, Castle Hill, Lancaster, the nearest station is Lancaster, 300 metres away.
- 300mLancaster
- 3.6kmBare Lane
- 4.9kmMorecambe
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
