Flat 2B, Ellershaw House
Flat 2B, Ellershaw House
Description & Estimates
Flat 2B, Ellershaw House, Lancaster is recorded publicly as a mid-century leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2B, Ellershaw House, Lancaster is £54,940 and its rental estimate is £318 per month, given the available information and assuming reasonable condition.
Ellershaw House, Mainway is a residential building on Mainway, Lancaster, LA1 and falls within the LA1 postal district and the borough of Lancaster.
Our Data Sources
Flat 2B, Ellershaw House, Lancaster has 2 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2B, Ellershaw House, Lancaster, we estimate a market value of £57,687 and a rental value of £334 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £51,094 and £296 per month respectively.
Recent Market Change
Over the last year, Flat 2B, Ellershaw House, Lancaster has seen its estimated sale value move up by £66 (0.1%) and its estimated rental value increase by £12 per month (3.9%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 2B, Ellershaw House, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Dec 2015.
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 2B, Ellershaw House, Lancaster completed on 12th July 2021 at £51,000 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 94.8% over the period since July 2021.
- Sold Jul 2021£51,000
- Sold May 2016£49,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 2B, Ellershaw House, Lancaster has sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2019, was Flat 1C, Ellershaw House, Mainway, Lancaster, LA1 2BD, a leasehold flat which sold for £39,000.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 211 addresses on Mainway, Lancaster, LA1, Flat 2B, Ellershaw House, Lancaster comes out as the 169th largest and the 206th most expensive in our analysis of the public data.
It is also £190k less expensive than the average property across the LA1 district.
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Schools Nearby
- 400mSt Josephs Catholic Primary School, Lancaster
- 700mCastle View Primary Academy
- 900mSkerton St Luke's Church of England Primary School
- 400mOur Lady's Catholic College
- 900mLancaster High School
- 1.2kmLancaster Royal Grammar School
More reading links
Public Transport Nearby
From Flat 2B, Ellershaw House, Lancaster, the nearest station is Lancaster, 1.2 kilometres away.
- 1.2kmLancaster
- 3.3kmBare Lane
- 5.0kmMorecambe
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
