8 The Colonnade

    8, THE COLONNADE, LANCASTER, LANCASTER, LA1 3FP

    This flat/maisonette leasehold property on The Colonnade last sold in November 2006 for £148,000. Based on price growth in the LA1 district since then, its estimated current value is £177,648 — placing it in the 19th percentile nationally and the 46th percentile within LA1. The property covers 57 m² (614 sq ft), giving an estimated value of £3,117 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £148,000

    Nov 2006

    Estimated Valuation

    £177,648

    Est. £/sq ft

    £290/sq ft

    £3,117/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateDec 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 2006

    £148,000

    5 Nov 2002

    New build

    £92,950

    Key Metrics

    Estimated valuation£177,648
    Value per sq ft / m²£290/sq ft (£3,117/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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