5 Railway Street

    5, RAILWAY STREET, LANCASTER, LA1 4XA

    This terraced freehold property on Railway Street last sold in December 2016 for £95,000. Based on price growth in the LA1 district since then, its estimated current value is £112,160 — placing it in the 6th percentile nationally and the 11th percentile within LA1. The property covers 81 m² (872 sq ft), giving an estimated value of £1,385 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £95,000

    Dec 2016

    Estimated Valuation

    £112,160

    Est. £/sq ft

    £129/sq ft

    £1,385/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateAug 2016
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    20 Dec 2016

    £95,000

    31 Aug 2001

    £38,000

    Key Metrics

    Estimated valuation£112,160
    Value per sq ft / m²£129/sq ft (£1,385/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile11th percentile
    National percentile6th 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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