7 Fern Bank

    7, FERN BANK, LANCASTER, LA1 4TT

    This terraced freehold property on Fern Bank last sold in May 2015 for £225,000. Based on price growth in the LA1 district since then, its estimated current value is £279,793 — placing it in the 45th percentile nationally and the 79th percentile within LA1. The property covers 126 m² (1,356 sq ft), giving an estimated value of £2,221 per m². The EPC rating is F, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £225,000

    May 2015

    Estimated Valuation

    £279,793

    Est. £/sq ft

    £206/sq ft

    £2,221/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area1,356 sq ft (126 m²)
    EPC dateApr 2014
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    8 May 2015

    £225,000

    Key Metrics

    Estimated valuation£279,793
    Value per sq ft / m²£206/sq ft (£2,221/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile79th percentile
    National percentile45th 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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