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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 2, 2, New Road, Lancaster is a modern apartment with 775 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 Flat 2, 2, New Road, Lancaster is £117,277 and the estimated rental value is £711 per month.
The apartment is within 2, New Road, Lancaster, LA1.
New Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Flat 2, 2, New Road, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated July 2017.
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 2, 2, New Road, Lancaster is in very good condition we estimate a sale value of £123,141 and a rental value of £747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,068 and a rental value of £661 per month.
Over the last 12 months the sale value of Flat 2 2 New Road Lancaster has increased by an estimated £1,078 (0.9%) and its rental value has increased by an estimated £28 per month (4.0%), giving an expected gross yield of 7.3%.
Flat 2, 2, New Road, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2017.
The property is 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 sales of properties similar to Flat 2, 2, New Road, Lancaster within a radius of 490 metres over the last 2 years.
The most recent example is Flat 33, Equitable House, Bulk Street, Lancaster, LA1 1GX, a leasehold flat which sold for £125,000 on the 30th August 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Lancaster, LA1 has a total of 15 addresses. According to our analysis of all the public data, Flat 2, 2, New Road, Lancaster is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in LA1.
The closest station to Flat 2, 2, New Road, Lancaster is Lancaster station which is 400 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 Flat 2, 2, New Road, Lancaster, % of property is and % is .
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 2, 2, New Road, Lancaster, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, 2, New 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 Flat 2, 2, New Road, Lancaster, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
