24 The Colonnade

    24, THE COLONNADE, LANCASTER, LANCASTER, LA1 3FP

    This flat/maisonette leasehold property on The Colonnade last sold in August 2003 for £114,995. Based on price growth in the LA1 district since then, its estimated current value is £177,595 — placing it in the 19th percentile nationally and the 46th percentile within LA1. The property covers 70 m² (753 sq ft), giving an estimated value of £2,537 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £114,995

    Aug 2003

    Estimated Valuation

    £177,595

    Est. £/sq ft

    £236/sq ft

    £2,537/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateDec 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2003

    £114,995

    14 Oct 2002

    New build

    £86,950

    Key Metrics

    Estimated valuation£177,595
    Value per sq ft / m²£236/sq ft (£2,537/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile46th percentile
    National percentile19th 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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