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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 33, Equitable House, Lancaster is a modern leasehold apartment with 731 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 33, Equitable House, Lancaster is £120,286 and the estimated rental value is £653 per month.
The apartment is within Equitable House, Bulk Street, Lancaster, LA1.
Bulk Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Flat 33, Equitable House, Lancaster has 41 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated April 2024.
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.
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 33, Equitable House, Lancaster is in very good condition we estimate a sale value of £126,300 and a rental value of £686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,866 and a rental value of £607 per month.
Over the last 12 months the sale value of Flat 33 Equitable House Lancaster has increased by an estimated £144 (0.1%) and its rental value has increased by an estimated £26 per month (3.9%), giving an expected gross yield of 6.5%.
Flat 33, Equitable House, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 33, Equitable House, Lancaster was last sold on 30th August 2024 for £125,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2024, the market for similar properties has dropped 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 33, Equitable House, Lancaster within a radius of 410 metres over the last 2 years.
The most recent example is Flat 29, Equitable House, Bulk Street, Lancaster, LA1 1GX, a leasehold flat which sold for £138,000 on the 3rd May 2024.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bulk Street, Lancaster, LA1 has a total of 37 addresses. According to our analysis of all the public data, Flat 33, Equitable House, Lancaster is the 9th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in LA1.
The closest station to Flat 33, Equitable House, Lancaster is Lancaster station which is 800 metres 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 33, Equitable House, Lancaster, 54.8% of property is privately rented and 20.9% is socially 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 33, Equitable House, Lancaster, 24.2% of residents are recorded as possessing school level qualifications and 47.6% 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 33, Equitable House, Lancaster, the average age was 32.3 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 33, Equitable House, Lancaster, 1.2% 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 33, Equitable House, Lancaster, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
