56 The Colonnade

    56, THE COLONNADE, LANCASTER, LANCASTER, LA1 3FP

    This flat/maisonette leasehold property on The Colonnade last sold in September 2004 for £145,000. Based on price growth in the LA1 district since then, its estimated current value is £169,712 — placing it in the 17th percentile nationally and the 41st percentile within LA1. The property covers 64 m² (689 sq ft), giving an estimated value of £2,652 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £145,000

    Sept 2004

    Estimated Valuation

    £169,712

    Est. £/sq ft

    £246/sq ft

    £2,652/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateAug 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Sept 2004

    £145,000

    14 Feb 2003

    New build

    £97,950

    Key Metrics

    Estimated valuation£169,712
    Value per sq ft / m²£246/sq ft (£2,652/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile41st percentile
    National percentile17th 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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