Property Prices in Lancaster, United Kingdom

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Index
Price to Income Ratio:	14.61
Mortgage as Percentage of Income:	124.57%
Loan Affordability Index:	0.80
Price to Rent Ratio - City Centre:	43.86
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	Edit	Range
Apartment (1 bedroom) in City Centre	689.92 £	469.77-900.00
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	Edit
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	Edit
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: December 2024

Sources and References

Nearby cities:

Property Prices in Preston	22.72 miles
Property Prices in Blackpool	23.44 miles
Property Prices in Blackburn	29.48 miles
Property Prices in Bolton	42.95 miles
Property Prices in Burnley	44.56 miles
Property Prices in Barrow-in-Furness	48.04 miles
Property Prices in Salford	51.04 miles
Property Prices in Manchester	52.44 miles
Property Prices in Cumbria	55.83 miles
Property Prices in Oldham	57.81 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	47,600.00
GDP Growth Rate:	4.35%
Population Growth Rate:	0.49%