61 Prospect Street

    61, PROSPECT STREET, LANCASTER, LA1 3BL

    This terraced freehold property on Prospect Street last sold in August 2010 for £130,000. Based on price growth in the LA1 district since then, its estimated current value is £184,274 — placing it in the 20th percentile nationally and the 49th percentile within LA1. The property covers 75 m² (807 sq ft), giving an estimated value of £2,457 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £130,000

    Aug 2010

    Estimated Valuation

    £184,274

    Est. £/sq ft

    £228/sq ft

    £2,457/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateFeb 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Aug 2010

    £130,000

    24 Jul 2006

    £115,000

    Key Metrics

    Estimated valuation£184,274
    Value per sq ft / m²£228/sq ft (£2,457/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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