85 Gressingham Drive

    85, GRESSINGHAM DRIVE, LANCASTER, LA1 4RF

    This flat/maisonette leasehold property on Gressingham Drive last sold in June 2014 for £85,000. Based on price growth in the LA1 district since then, its estimated current value is £97,289 — placing it in the 3rd percentile nationally and the 7th percentile within LA1. The property covers 42 m² (452 sq ft), giving an estimated value of £2,316 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £85,000

    Jun 2014

    Estimated Valuation

    £97,289

    Est. £/sq ft

    £215/sq ft

    £2,316/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jun 2014

    £85,000

    3 Jun 2005

    £76,500

    31 Jul 2000

    £34,000

    21 Dec 1995

    New build

    £39,500

    Key Metrics

    Estimated valuation£97,289
    Value per sq ft / m²£215/sq ft (£2,316/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile7th percentile
    National percentile3rd 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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