54 Watery Lane

    54, WATERY LANE, LANCASTER, LA1 2SL

    This flat/maisonette leasehold property on Watery Lane last sold in November 2013 for £71,500. Based on price growth in the LA1 district since then, its estimated current value is £92,888 — placing it in the 3rd percentile nationally and the 6th percentile within LA1. The property covers 55 m² (592 sq ft), giving an estimated value of £1,689 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £71,500

    Nov 2013

    Estimated Valuation

    £92,888

    Est. £/sq ft

    £157/sq ft

    £1,689/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateJul 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric underfloor heating

    Transaction History

    29 Nov 2013

    £71,500

    7 Sept 2001

    £34,000

    8 Mar 1999

    £27,500

    Key Metrics

    Estimated valuation£92,888
    Value per sq ft / m²£157/sq ft (£1,689/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile6th percentile
    National percentile3rd 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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