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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 2, Ulster Road, Lancaster is £85,370 and the estimated rental value is £448 per month.
The apartment is within 2, Ulster Road, Lancaster, LA1.
Ulster Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Flat 2, 2, Ulster Road, Lancaster has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated June 2022.
We combine this information with that 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, Ulster Road, Lancaster is in very good condition we estimate a sale value of £89,638 and a rental value of £471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,394 and a rental value of £417 per month.
Over the last 12 months the sale value of Flat 2 2 Ulster Road Lancaster has increased by an estimated £539 (0.6%) and its rental value has increased by an estimated £17 per month (3.8%), giving an expected gross yield of 6.3%.
Flat 2, 2, Ulster Road, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 2, Ulster Road, Lancaster was last sold on 22nd October 2018 for £60,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has dropped 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 430 metres radius of Flat 2, 2, Ulster Road, Lancaster over the last 2 years.
The most recent example is 89, Bowerham Road, Lancaster, LA1 4HJ, a freehold house which sold for £185,000 on the 20th August 2019.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ulster Road, Lancaster, LA1 has a total of 68 addresses. According to our analysis of all the public data, Flat 2, 2, Ulster Road, Lancaster is the 13th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in LA1.
The closest station to Flat 2, 2, Ulster Road, Lancaster is Lancaster station which is 1.8 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 2, Ulster Road, Lancaster, 40.5% of property is privately rented and 31.0% 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 Flat 2, 2, Ulster Road, Lancaster, 44.9% of residents are recorded as possessing school level qualifications and 41.8% 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 2, 2, Ulster Road, Lancaster, the average age was 37.9 and the most common age was 37.
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, Ulster Road, Lancaster, 0.7% 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, Ulster Road, Lancaster, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.