40 Coleman Drive

    40, COLEMAN DRIVE, LANCASTER, LA1 3FQ

    This terraced freehold property on Coleman Drive last sold in April 2020 for £265,000. Based on price growth in the LA1 district since then, its estimated current value is £322,063 — placing it in the 54th percentile nationally and the 85th percentile within LA1. The property covers 119 m² (1,281 sq ft), giving an estimated value of £2,706 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £265,000

    Apr 2020

    Estimated Valuation

    £322,063

    Est. £/sq ft

    £251/sq ft

    £2,706/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,281 sq ft (119 m²)
    EPC dateFeb 2016
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Apr 2020

    £265,000

    4 Mar 2016

    New build

    £237,950

    Key Metrics

    Estimated valuation£322,063
    Value per sq ft / m²£251/sq ft (£2,706/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile85th percentile
    National percentile54th 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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