Flat 8, Highmount House
Flat 8, Highmount House
Description & Estimates
According to the public record, Flat 8, Highmount House, Lancaster is a period leasehold apartment with 656 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 8, Highmount House, Lancaster is £139,087 and the estimated rental value is £649 per month.
The apartment is within Highmount House, High Street, Lancaster, LA1.
High Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
Flat 8, Highmount House, Lancaster has 21 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 8, Highmount House, Lancaster is in very good condition we estimate a sale value of £146,041 and a rental value of £681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,351 and a rental value of £603 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, Highmount House, Lancaster has climbed by £166 (0.1%), while its estimated rental value has risen by £25 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
Flat 8, Highmount House, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 8, Highmount House, Lancaster was last sold on 31st March 2020 for £124,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen by 9.8%.
- Sold Mar 2020£124,000
- Sold Nov 2006£124,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Highmount House, Lancaster within a radius of 420 metres over the last 2 years.
The most recent example is 7 Harrier Court, Fenton Street, Lancaster, LA1 1AE, a leasehold flat which sold for £148,000 on the 31st October 2023.
Read more about house prices in LA1.
- Sold Oct 2023£148,000 | 2 Bed FlatFenton Street7 Harrier Court, Fenton Street, Lancaster, LA1 1AE
- Sold Dec 2021£125,000 | 2 Bed FlatFenton Street1 Harrier Court, Fenton Street, Lancaster, LA1 1AE
- Sold Jun 2020£117,000 | 2 Bed FlatHighmount House, High StreetFlat 14, Highmount House, High Street, Lancaster, LA1 1LA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
High Street, Lancaster, LA1 has a total of 54 addresses. According to our analysis of all the public data, Flat 8, Highmount House, Lancaster is the 15th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in LA1.
More reading links
Schools Nearby
- 100mLancaster Dallas Road Community Primary School
- 700mThe Cathedral Catholic Primary School, Lancaster
- 800mWillow Lane Community Primary School
- 100mLancaster Girls' Grammar School
- 900mLancaster Royal Grammar School
- 900mRipley St Thomas Church of England Academy
More reading links
Public Transport Nearby
The closest station to Flat 8, Highmount House, Lancaster is Lancaster station, which is 400 metres away.
- 400mLancaster
- 3.8kmBare Lane
- 5.1kmMorecambe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
