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According to the public record, Flat 2, 28, Scotforth Road, Lancaster is a period apartment with 505 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, 28, Scotforth Road, Lancaster is £158,713 and the estimated rental value is £719 per month.
The apartment is within 28, Scotforth Road, Lancaster, LA1.
Scotforth Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Flat 2, 28, Scotforth Road, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated July 2020.
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, 28, Scotforth Road, Lancaster is in very good condition we estimate a sale value of £166,649 and a rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,603 and a rental value of £668 per month.
Over the last 12 months the sale value of Flat 2 28 Scotforth Road Lancaster has increased by an estimated £1,459 (0.9%) and its rental value has increased by an estimated £29 per month (4.0%), giving an expected gross yield of 5.4%.
Flat 2, 28, Scotforth Road, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Jul 2020.
The property is not 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, 28, Scotforth Road, Lancaster within a radius of 530 metres over the last 2 years.
The most recent example is Flat 12, Williamson Court 142, Greaves Road, Lancaster, LA1 4AR, a leasehold flat which sold for £149,999 on the 23rd November 2018.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotforth Road, Lancaster, LA1 has a total of 192 addresses. According to our analysis of all the public data, Flat 2, 28, Scotforth Road, Lancaster is the 183rd largest and the 166th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in LA1.
The closest station to Flat 2, 28, Scotforth Road, Lancaster is Lancaster station which is 1.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 28, Scotforth Road, Lancaster, 50.4% of property is privately owned outright and 36.4% 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, 28, Scotforth Road, Lancaster, 23.5% of residents are recorded as possessing school level qualifications and 67.4% 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, 28, Scotforth Road, 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 Flat 2, 28, Scotforth 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, 28, Scotforth Road, Lancaster, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
