Flat 1, 5
Flat 1, 5
Description & Estimates
Public records show Flat 1, 5, George Street, Lancaster to be a modern leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 5, George Street, Lancaster has an estimated sale value of £146,993 and an estimated rental value of £640 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, George Street, Lancaster, LA1.
George Street, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
Our Data Sources
Flat 1, 5, George Street, Lancaster has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated February 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
In very good condition, we estimate Flat 1, 5, George Street, Lancaster would be worth £154,342, with a potential rental value of £672 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £136,703, with a rental value of £595 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 5, George Street, Lancaster has moved up by £176 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £25 (3.9%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
Flat 1, 5, George Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 1, 5, George Street, Lancaster last changed hands on 18th August 2009, selling for £100,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.3% since August 2009.
- Sold Aug 2009£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of Flat 1, 5, George Street, Lancaster across the last 2 years.
Most recently, 14 Elizabeth Court, Henry Street, Lancaster, LA1 1BY, a leasehold flat, sold at £150,000 on the 28th July 2025.
Read more about house prices in LA1.
- Sold Jul 2025£150,000 | 2 Bed Flat14 Elizabeth Court, Henry Street, Lancaster, LA1 1BY14 Elizabeth Court, Henry Street, Lancaster, LA1 1BY
- Sold Jul 2025£160,000 | 2 Bed Flat15 Royal Court, Henry Street, Lancaster, LA1 1BW15 Royal Court, Henry Street, Lancaster, LA1 1BW
- Sold Aug 2023£138,000 | 2 Bed Flat21 Elizabeth Court, Henry Street, Lancaster, LA1 1BY21 Elizabeth Court, Henry Street, Lancaster, LA1 1BY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 5, George Street, Lancaster as the 5th largest and the 5th most expensive of the 7 addresses on George Street, Lancaster, LA1.
Against the LA1 postcode district average, it is £98k less expensive than the typical property.
More reading links
Schools Nearby
- 300mLancaster Dallas Road Community Primary School
- 400mThe Cathedral Catholic Primary School, Lancaster
- 800mBowerham Primary & Nursery School
- 300mLancaster Girls' Grammar School
- 600mLancaster Royal Grammar School
- 900mRipley St Thomas Church of England Academy
More reading links
Public Transport Nearby
Lancaster station is the nearest stop to Flat 1, 5, George Street, Lancaster at 600 metres away.
- 600mLancaster
- 4.0kmBare Lane
- 5.3kmMorecambe
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
