Prices, rents, yields, growth & much more for the city of Lancaster
Lancaster is a city and the county town of Lancashire. With roots spanning all the way back to Roman times, Lancaster is a city with a rich and varied history.
Home to museums, galleries, restaurants, shops, cafes, bars, pubs, music halls and more, there is lots to love about life in Lancaster.
According to the 2021 census, Lancaster saw an increase of 3.3% from just under 138,400 in 2011 to around 142,900 in 2021. This increase in population can be put down to Lancaster's healthy housing market, local amenities, great transport links, and community.
According to data from Rightmove, Lancaster had an overall average price of £217,673 over the last year. The most popular property type sold were terraced properties which sold for an average price of £183,081. Semi-detached Lancaster properties sold for an average of £234,117, with flats fetching £133,008.
Over the last year, old prices in Lancaster were 12% up on the previous year, and 17% up on the 2020 peak of £186,344.
Absolutely! There has never been a better time to invest in the Lancaster property market! Whether you’re a seasoned investor or a first-time buyer, there are plenty of investment opportunities in the city of Lancaster.
With plenty of areas looking at redevelopment and a healthy rental market, there are lots of reasons why investors are setting their sights on Lancaster.
We will buy any UK property, from a detached family house on the outskirts of Lancaster to a city centre apartment, from a property in pristine condition to one needing a complete refurbishment. The location and shape of your property won't deter us from helping you sell your house fast — in as little as seven days.
No matter where your property is based in or around Lancaster, we'll buy it! In the table below we've highlighted some of the most common areas that we can purchase around Lancaster:
Lindal In Furness
Burton In Lonsdale
With so many vibrant and exciting places to live in Lancaster, it is hard to pick just one! Below we have our top three best areas to live in Lancaster:
Situated just to the south of the city lies the suburb of Scotforth. Ideal for families, Scotforth has schools, green spaces and great transport links to the city centre.
Located just to the southwest of Lancaster is the hamlet of Aldcliffe. Home to green spaces, pubs, shops, and other local hidden gems, Aldcliffe is ideal for those looking to escape the hub of city life. Sitting a mile and a half out from the city centre it is ideal for those who want a mix of city living and town life.
Formally a township, this hamlet has since been absorbed into the civil parish of Lancaster. Providing residents with quiet country walks and plenty of open green spaces, Stodday is perfect for those who prefer a quiet life but still want the ease of access to the city.
Here at The Property Buying Company, we’ll buy any type of UK property, from a detached family house or a Lancaster city centre apartment. We have the cash funds available to purchase your home as soon as you are ready to sell, cutting out the hassle and stress that a house sale can bring.
The location of your property and the condition it is in won’t deter us from helping you achieve a quick house sale – whether the property is in the middle of nowhere or the city centre, in pristine condition or in need of a full refurbishment, we will buy any house quickly.
Local Lancaster estate agents provide you with a house-selling service that will cover the negotiation and marketing of your property in return for a percentage of the final sale price, often called a commission.
When you sell your property through estate agents Lancaster, you will usually be charged an average rate of 3%+VAT of your original asking price. This figure is without taking into account any hidden costs or packages that attribute to the marketing and negotiating on your behalf.
When it comes to estate agents Lancaster, exactly how accurate the valuations are will vary from estate agent to estate agent. There are a variety of factors at play that will determine how accurate your valuation will be, but your estate agents honesty will have the biggest effect. Your real estate agents Lancaster may overvalue your property in order to gain your business. This will mean if you go with this estate agent, you may struggle to sell as you are asking too much and may end up on the open market for months.
According to data from Home.co.uk, it takes an average of 165 days to sell your home on the open market using estate agents Lancaster.
If you are looking for a quick sale, then cash buyers in Lancaster are the selling option for you. Offering a quick and hassle-free alternative to selling on the open market, including sale processing, valuation, and payment.
A property purchasing company in Lancaster is a person or a company that can afford to purchase your property without the need for a loan or a mortgage to be able to complete the sale. When you sell with us, we will cover your legal fees for you and ensure your property is bought to a timescale that suits you.
Fast property buyers in Lancaster will typically complete sales within 2 months of having an offer on a property accepted. Here at The Property Buying Company, we can buy your property in as little as 7 days, and then it is over to your conveyancing solicitor to complete the process.
Yes, you will. As is the case when you sell with an estate agent, you will still need to hire a solicitor when you sell with a cash buyer Lancaster. Your solicitor will make sure the sale progresses as it should. When you sell with us, we will hire a solicitor and cover the costs for you, taking away the stress of your house sale.
As every house sale is different, there is no one size fits all answer, however, the average time is around 6-8 weeks. When you sell with us, we will cover all of your solicitor's fees for you as a thank-you for choosing us.
If you have a slightly more unusual property to sell, then a Lancaster property auction may be the route for you. House auction Lancaster are becoming an increasingly popular option however you will need to get familiar with how they work. An auction works by agreeing on a minimum reserve price for your property. Potential buyers will then bid on the property and once the reserve price has been met, the highest bid will win.
In order to sell a property at a Lancaster property auction you should expect to pay around £300 to put your home into the auction on top of the 2.5%+VAT of the selling price. In addition to this, you will need to factor in further charges for any extra services such as marketing and negotiations.
Yes, anyone can sell their property at Lancaster property auctions. Whilst Lancaster house auctions are often favoured by people with slightly more unusual properties to sell, anyone can put their house to auction. However, it is worth bearing in mind that you are not guaranteed a sale. The majority of bidders at auctions are developers or investors looking to buy a property that needs modernisation, so there may be better routes than selling your family home on auction.
When you sell a property at a house auction Lancaster, you can expect it to sell for as much as 70% or as little as 10% below market value. On average you can expect to sell your Lancaster property for around 85% - 90% below market value.
Sell Your House Without A Estate Agent In Lancaster
No estate agent fees - As The Property Buying Company in Lancaster there are no estate agent fees involved in our buying process. When you accept a cash offer from us that is the amount you get in cash.
No Legal Costs -As a property purchasing company in Lancaster we cover all of the legal fees you would typically associate with selling a house for you, as a little thank you for choosing us.
No Hidden Fees - Another advantage to selling with cash buyers in Lancaster is that there are no hidden fees. When you sell with us you benefit from our honest, transparent, and upfront service.
Sell in your Own Timeline - When you sell with Fast property buyers Lancaster, you sell in a timeline that suits you, whether that’s four months from now or in as little as seven days' time!
Inheritance/Probate - If you are Selling an inherited house Lancaster or are dealing with Lancaster probate property we can help you to release cash swiftly and securely.
Repossession - If you are in the position of needing to stop house repossession Lancaster, then we can help you release equity and buy your house before the bank repossessed it.
Tenanted - If you are looking to sell house with tenants Lancaster then we can buy your property. We can take the hassle out of your tenanted house sale by taking over the tenancy and liaising with your tenants.
Broken Chain- If you were part of a Lancaster house sale that fell through, we can buy your home in as little as seven days to help get your sale back on track.
Lancaster is an exciting and vibrant city packed full of hidden gems, local amenities, and excellent travel links both in and around the city. However, according to Home.co.uk, the average Lancaster home spends 165 days on the market, which if you are looking for a quick sale is not ideal. That’s why we have compiled our list of top tricks on how to prepare your Lancashire property for sale:
A great way you can help to generate interest in your property is to deep clean it. Whilst decluttering and reorganising your rooms are not known to be the most exciting or glamorous tasks, they are vital keys to a fast sale. A budget-friendly way you can help to freshen up your home is by giving any tired-looking walls a fresh coat of paint.
If there is one tip that you remember from this list, let it be that first impressions matter! A survey by HomeOwners Alliance revealed that 68% of buyers found kerb appeal to have an effect on their interest in a property. Don’t worry, you don’t need to go full Alan Titchmarsh on your garden, just simple changes like cleaning the patio, painting fences, cutting the grass and planting fresh flowers can all breathe new life into your garden and help you secure that quick sale.
One of the best ways you can help generate interest in your Lancaster property is by taking care of any general repairs that need fixing. This includes any unfinished DIY projects, removing any mould build-ups, replacing carpets that look tired, and fixing any loose tiles or broken lightbulbs. A well cared for home will impress buyers and have them lining up around the block.
When it comes to selling your Lancaster home fast and for free, a cash buyer like ourselves is the way to go. We will buy any house, in any location, and in any condition in as little as 7 days.
If you are looking to sell your Lancaster home fast and for free then look no further. Here at The Property Buying Company, we can buy your Lancaster property regardless of condition or location. We tailor our service to you, meaning we can purchase as soon as you’re ready, whether that’s three months from now or in as little as seven days. As an added thank you, we will also cover all of the legal fees you would typically associate with a house sale, as well as handling all marketing and negotiations, ensuring that the entire process is as hassle-free as possible.
We've compiled a few of our most common questions about our service which and answered them below:
We say we can buy your house in 7 days, but we've been known to operate as quick as 24 hours before, so the genuine answer is that we can work around you and meet your particular requirements.
Yes, we buy any property in any condition. The price will be reflective of the condition, however, which is something you should be aware of.
No - it's completely no obligation until you sign on the dotted line. There's no hard sale, we'll be completely transparent throughout.
No - we have our own cash reserves. Not relying on investors means that we can move as quickly as possible & there's far less chance of there being any issues further down the line.