40 Ridge Street

    40, RIDGE STREET, LANCASTER, LANCASTER, LA1 1EA

    This terraced freehold property on Ridge Street last sold in November 2008 for £130,000. Based on price growth in the LA1 district since then, its estimated current value is £183,027 — placing it in the 20th percentile nationally and the 48th percentile within LA1. The property covers 78 m² (840 sq ft), giving an estimated value of £2,347 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £130,000

    Nov 2008

    Estimated Valuation

    £183,027

    Est. £/sq ft

    £218/sq ft

    £2,347/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateOct 2021
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2008

    £130,000

    6 Jun 2003

    £78,000

    10 Oct 2000

    £37,000

    18 Jul 1997

    £19,543

    Key Metrics

    Estimated valuation£183,027
    Value per sq ft / m²£218/sq ft (£2,347/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile48th percentile
    National percentile20th 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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