16 The Millrace Damside Street

    16 THE MILLRACE, DAMSIDE STREET, LANCASTER, LA1 1BL

    This flat/maisonette leasehold property on Damside Street last sold in September 2018 for £242,000. Based on price growth in the LA1 district since then, its estimated current value is £274,102 — placing it in the 43rd percentile nationally and the 77th percentile within LA1. The property covers 104 m² (1,119 sq ft), giving an estimated value of £2,636 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,119 sq ft

    104 m²

    Last Sale Price

    £242,000

    Sept 2018

    Estimated Valuation

    £274,102

    Est. £/sq ft

    £245/sq ft

    £2,636/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area1,119 sq ft (104 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Sept 2018

    £242,000

    15 Nov 2013

    £230,000

    14 Jan 2008

    £250,000

    2 May 2006

    New build

    £285,000

    Key Metrics

    Estimated valuation£274,102
    Value per sq ft / m²£245/sq ft (£2,636/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile77th percentile
    National percentile43rd percentile

    District Context — LA1

    LA1 covers Lancaster and its surrounding areas in north-west England, positioned between the Lake District and Morecambe Bay. It is a mixed community blending university town vibrancy with traditional coastal and rural character.

    Average Property Price - LA1

    £213,666

    16

    National percentile

    Average Net Household Income - LA1

    £35,197

    32

    National percentile

    10-Year Annualised Price Growth - LA1

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA1

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