2 Newmarket Avenue

    2, NEWMARKET AVENUE, LANCASTER, LA1 4NG

    This detached freehold property on Newmarket Avenue last sold in July 2015 for £218,000. Based on price growth in the LA1 district since then, its estimated current value is £332,804 — placing it in the 56th percentile nationally and the 86th percentile within LA1. The property covers 94 m² (1,012 sq ft), giving an estimated value of £3,540 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £218,000

    Jul 2015

    Estimated Valuation

    £332,804

    Est. £/sq ft

    £329/sq ft

    £3,540/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageE
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,012 sq ft (94 m²)
    EPC dateNov 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2015

    £218,000

    Key Metrics

    Estimated valuation£332,804
    Value per sq ft / m²£329/sq ft (£3,540/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile86th percentile
    National percentile56th 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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