Flat 5, 54
Flat 5, 54
Description & Estimates
The public record describes Flat 5, 54, Regent Street, Lancaster as a period apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 54, Regent Street, Lancaster has an estimated sale value of £87,363 and an estimated rental value of £552 per month, assuming reasonable condition and based on the information available.
The apartment sits within 54, Regent Street, Lancaster, LA1.
Regent Street, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
Our Data Sources
Flat 5, 54, Regent Street, Lancaster has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data 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
In very good condition, we estimate Flat 5, 54, Regent Street, Lancaster would be worth £91,732, with a potential rental value of £580 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £81,248, with a rental value of £514 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, 54, Regent Street, Lancaster has increased by £105 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (3.9%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
Flat 5, 54, Regent Street, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 540 metres of Flat 5, 54, Regent Street, Lancaster across the last 2 years.
Most recently, 42, Spinners Court, Lancaster, LA1 1RY, a leasehold flat, sold at £64,000 on the 25th July 2022.
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
Our analysis of the public data ranks Flat 5, 54, Regent Street, Lancaster as the 121st largest and the 121st most expensive of the 125 addresses on Regent Street, Lancaster, LA1.
Against the LA1 postcode district average, it is £158k less expensive than the typical property.
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Schools Nearby
- 300mLancaster Dallas Road Community Primary School
- 800mThe Cathedral Catholic Primary School, Lancaster
- 900mBowerham Primary & Nursery School
- 200mLancaster Girls' Grammar School
- 500mRipley St Thomas Church of England Academy
- 1.0kmLancaster Royal Grammar School
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Public Transport Nearby
Lancaster station is the nearest stop to Flat 5, 54, Regent Street, Lancaster at 600 metres away.
- 600mLancaster
- 4.1kmBare Lane
- 5.2kmMorecambe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
