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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 1, 9, Cable Street, Lancaster is a period apartment with 613 ft2 of internal area.
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 Flat 1, 9, Cable Street, Lancaster is £184,976 and the estimated rental value is £796 per month.
The apartment is within 9, Cable Street, Lancaster, LA1.
Cable Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Flat 1, 9, Cable Street, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated January 2021.
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 Flat 1, 9, Cable Street, Lancaster is in very good condition we estimate a sale value of £194,224 and a rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,027 and a rental value of £740 per month.
Over the last 12 months the sale value of Flat 1 9 Cable Street Lancaster has increased by an estimated £2,341 (1.3%) and its rental value has increased by an estimated £35 per month (4.4%), giving an expected gross yield of 5.2%.
Flat 1, 9, Cable Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 9, Cable Street, Lancaster within a radius of 490 metres over the last 2 years.
The most recent example is Flat 8, Kelne House, Castle Park Mews, Lancaster, LA1 1WA, a leasehold flat which sold for £157,000 on the 6th August 2018.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cable Street, Lancaster, LA1 has a total of 135 addresses. According to our analysis of all the public data, Flat 1, 9, Cable Street, Lancaster is the 132nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in LA1.
The closest station to Flat 1, 9, Cable Street, Lancaster is Lancaster station which is 500 metres away.
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 Flat 1, 9, Cable Street, Lancaster, 61.8% of property is privately rented and 21.0% is socially 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 Flat 1, 9, Cable Street, Lancaster, 62.1% of residents are recorded as possessing school level qualifications and 41.5% 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 Flat 1, 9, Cable Street, Lancaster, the average age was 32.3 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 Flat 1, 9, Cable Street, Lancaster, 1.1% 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 Flat 1, 9, Cable Street, Lancaster, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
