Property Prices in Lancaster, United Kingdom

Index Info
Price to Income Ratio: 14.61
Mortgage as Percentage of Income: 124.57%
Loan Affordability Index: 0.80
Price to Rent Ratio - City Centre: 43.84
Price to Rent Ratio - Outside of Centre: 53.40
Gross Rental Yield (City Centre): 2.28%
Gross Rental Yield (Outside of Centre): 1.87%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 690.50 £ 471.50-900.00
Apartment (1 bedroom) Outside of Centre 600.00 £
Apartment (3 bedrooms) in City Centre 990.00 £ 780.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 1,083.33 £ 750.00-1,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 557.41 £
Price per Square Feet to Buy Apartment Outside of Centre 650.32 £
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,225.00 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.90 5.90-5.90

These data are based on 19 entries in the past 18 months from 5 different contributors.
Last update: September 2024

Sources and References
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