Flat G, 7
Flat G, 7
Description & Estimates
According to the public record, Flat G, 7, New Quay Road, Lancaster is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat G, 7, New Quay Road, Lancaster is £140,055 and the estimated rental value is £586 per month.
The apartment is within 7, New Quay Road, Lancaster, LA1.
New Quay Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
Our Data Sources
Flat G, 7, New Quay Road, Lancaster has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 G, 7, New Quay Road, Lancaster is in very good condition we estimate a sale value of £147,058 and a rental value of £615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,251 and a rental value of £545 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat G, 7, New Quay Road, Lancaster has increased by £1,579 (1.1%), while its estimated rental value has grown by £29 per month (4.9%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat G, 7, New Quay Road, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat G, 7, New Quay Road, Lancaster was last sold on 23rd July 2024 for £141,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2024, the market for similar properties has risen by 0.1%.
- Sold Jul 2024£141,000
- Sold Jun 2018£109,995
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 G, 7, New Quay Road, Lancaster within a radius of 560 metres over the last 2 years.
The most recent example is Flat D, 20, New Quay Road, Lancaster, LA1 5UZ, a leasehold flat which sold for £125,000 on the 12th December 2024.
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
New Quay Road, Lancaster, LA1 has a total of 107 addresses. According to our analysis of all the public data, Flat G, 7, New Quay Road, Lancaster is the 102nd largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in LA1.
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Schools Nearby
- 500mWillow Lane Community Primary School
- 1.0kmLancaster Ryelands Primary School
- 1.0kmMorecambe and Heysham Grosvenor Park Primary School
- 1.2kmOur Lady's Catholic College
- 1.3kmLancaster Girls' Grammar School
- 1.8kmRipley St Thomas Church of England Academy
More reading links
Public Transport Nearby
The closest station to Flat G, 7, New Quay Road, Lancaster is Lancaster station, which is 900 metres away.
- 900mLancaster
- 2.8kmBare Lane
- 3.8kmMorecambe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
