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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, The Old Rectory, Lancaster is a period apartment with 570 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, The Old Rectory, Lancaster is £205,978 and the estimated rental value is £1,023 per month.
The apartment is within The Old Rectory, Rectory Gardens, Cockerham, Lancaster, LA2.
Rectory Gardens, Cockerham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
Flat 2, The Old Rectory, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
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, The Old Rectory, Lancaster is in very good condition we estimate a sale value of £216,277 and a rental value of £1,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,560 and a rental value of £951 per month.
Over the last 12 months the sale value of Flat 2 The Old Rectory Lancaster has increased by an estimated £1,974 (1.0%) and its rental value has increased by an estimated £42 per month (4.1%), giving an expected gross yield of 6%.
Flat 2, The Old Rectory, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2019.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.8 kilometres radius of Flat 2, The Old Rectory, Lancaster over the last 2 years.
The most recent example is Rectory Lodge, Rectory Gardens, Lancaster, LA2 0ED, a freehold house which sold for £168,000 on the 24th March 2022.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Gardens, Cockerham, Lancaster, LA2 has a total of 23 addresses. According to our analysis of all the public data, Flat 2, The Old Rectory, Lancaster is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in LA2.
The closest station to Flat 2, The Old Rectory, Lancaster is Lancaster station which is 9.4 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, The Old Rectory, Lancaster, 36.7% of property is privately owned outright and 31.7% is privately 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 2, The Old Rectory, Lancaster, 16.6% of residents are recorded as possessing school level qualifications and 32.7% 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, The Old Rectory, Lancaster, the average age was 34.2 and the most common age was 17.
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, The Old Rectory, 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, The Old Rectory, Lancaster, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
