37 Prospect Street

    37, PROSPECT STREET, LANCASTER, LA1 3BL

    This terraced freehold property on Prospect Street last sold in June 2024 for £185,000. Based on price growth in the LA1 district since then, its estimated current value is £184,503 — placing it in the 20th percentile nationally and the 49th percentile within LA1. The property covers 77 m² (829 sq ft), giving an estimated value of £2,396 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £185,000

    Jun 2024

    Estimated Valuation

    £184,503

    Est. £/sq ft

    £223/sq ft

    £2,396/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateApr 2024
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingAir source heat pump, warm air, electric, Boiler and radiators, mains gas

    Transaction History

    3 Jun 2024

    £185,000

    27 Oct 2016

    £137,500

    12 Sept 2006

    £118,500

    Key Metrics

    Estimated valuation£184,503
    Value per sq ft / m²£223/sq ft (£2,396/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile49th 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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