Flat 2, Riverside Lofts 35-36
Flat 2, Riverside Lofts 35-36
Description & Estimates
Flat 2, Riverside Lofts 35-36, Lancaster is recorded publicly as a modern leasehold apartment across 968 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 2, Riverside Lofts 35-36, Lancaster is £150,881 and its rental estimate is £699 per month, given the available information and assuming reasonable condition.
Riverside Lofts, St. Georges Quay is a residential building on St. Georges Quay, Lancaster, LA1 and falls within the LA1 postal district and the borough of Lancaster.
Our Data Sources
Flat 2, Riverside Lofts 35-36, Lancaster has 21 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, Riverside Lofts 35-36, Lancaster, we estimate a market value of £158,425 and a rental value of £734 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,319 and £650 per month respectively.
Recent Market Change
Over the last year, Flat 2, Riverside Lofts 35-36, Lancaster has seen its estimated sale value climb by £1,625 (1.1%) and its estimated rental value rise by £34 per month (4.9%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 2, Riverside Lofts 35-36, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, Riverside Lofts 35-36, Lancaster completed on 20th July 2007 at £137,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.0% over the period since July 2007.
- Sold Jul 2007£137,500
- Sold Jan 2002£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Riverside Lofts 35-36, Lancaster have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 12 Lune Square, Damside Street, Lancaster, LA1 1AH, a leasehold flat which sold for £169,950.
Read more about house prices in LA1.
- Sold Sep 2024£169,950 | 2 Bed FlatDamside Street12 Lune Square, Damside Street, Lancaster, LA1 1AH
- Sold Jul 2017£130,000 | 2 Bed FlatRiverside Lofts 35-36, St. Georges QuayFlat 5, Riverside Lofts 35-36, St. Georges Quay, Lancaster, LA1 1RD
- Sold Jul 2016£135,000 | 2 Bed FlatRiverside Lofts 35-36, St. Georges QuayFlat 7, Riverside Lofts 35-36, St. Georges Quay, Lancaster, LA1 1RD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 176 addresses on St. Georges Quay, Lancaster, LA1, Flat 2, Riverside Lofts 35-36, Lancaster comes out as the 29th largest and the 69th most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the LA1 district.
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Schools Nearby
- 800mLancaster Ryelands Primary School
- 800mSt Josephs Catholic Primary School, Lancaster
- 800mWillow Lane Community Primary School
- 300mOur Lady's Catholic College
- 1.0kmLancaster Girls' Grammar School
- 1.3kmLancaster Royal Grammar School
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Public Transport Nearby
From Flat 2, Riverside Lofts 35-36, Lancaster, the nearest station is Lancaster, 600 metres away.
- 600mLancaster
- 3.0kmBare Lane
- 4.5kmMorecambe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
