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According to the public record, 3B, Laurel Bank, Lancaster is a period leasehold apartment with 925 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 3B, Laurel Bank, Lancaster is £218,338 and the estimated rental value is £749 per month.
The apartment is within 3, Laurel Bank, Lancaster, LA1.
Laurel Bank, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
3B, Laurel Bank, Lancaster has 31 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated March 2018.
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.
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 3B, Laurel Bank, Lancaster is in very good condition we estimate a sale value of £229,255 and a rental value of £786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,054 and a rental value of £696 per month.
Over the last 12 months the sale value of 3B Laurel Bank Lancaster has increased by an estimated £261 (0.1%) and its rental value has increased by an estimated £29 per month (3.9%), giving an expected gross yield of 4.1%.
3B, Laurel Bank, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3B, Laurel Bank, Lancaster was last sold on 13th December 2022 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has dropped 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3B, Laurel Bank, Lancaster within a radius of 560 metres over the last 2 years.
The most recent example is 25, Fair Elms, Lancaster, LA1 5TN, a leasehold flat which sold for £195,950 on the 30th July 2025.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Bank, Lancaster, LA1 has a total of 10 addresses. According to our analysis of all the public data, 3B, Laurel Bank, Lancaster is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in LA1.
The closest station to 3B, Laurel Bank, Lancaster is Lancaster station which is 600 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 3B, Laurel Bank, Lancaster, 44.3% of property is privately owned outright and 33.6% 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 3B, Laurel Bank, Lancaster, 33.1% of residents are recorded as possessing school level qualifications and 56.9% 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 3B, Laurel Bank, 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 3B, Laurel Bank, Lancaster, 0.6% 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 3B, Laurel Bank, Lancaster, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
