32 The Colonnade

    32, THE COLONNADE, LANCASTER, LA1 3FP

    This flat/maisonette leasehold property on The Colonnade last sold in December 2020 for £117,500. Based on price growth in the LA1 district since then, its estimated current value is £138,329 — placing it in the 10th percentile nationally and the 22nd percentile within LA1. The property covers 59 m² (635 sq ft), giving an estimated value of £2,345 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £117,500

    Dec 2020

    Estimated Valuation

    £138,329

    Est. £/sq ft

    £218/sq ft

    £2,345/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2020

    £117,500

    16 Dec 2002

    New build

    £94,950

    Key Metrics

    Estimated valuation£138,329
    Value per sq ft / m²£218/sq ft (£2,345/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile22nd percentile
    National percentile10th 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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