40 Africa Drive

    40, AFRICA DRIVE, LANCASTER, LA1 5TZ

    This terraced leasehold property on Africa Drive last sold in December 2016 for £176,995. Based on price growth in the LA1 district since then, its estimated current value is £208,966 — placing it in the 27th percentile nationally and the 60th percentile within LA1. The property covers 77 m² (829 sq ft), giving an estimated value of £2,714 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £176,995

    Dec 2016

    Estimated Valuation

    £208,966

    Est. £/sq ft

    £252/sq ft

    £2,714/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area829 sq ft (77 m²)
    EPC dateDec 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Dec 2016

    New build

    £176,995

    Key Metrics

    Estimated valuation£208,966
    Value per sq ft / m²£252/sq ft (£2,714/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile60th percentile
    National percentile27th 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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