Flat 1b Frankland House Mainway

    FLAT 1B FRANKLAND HOUSE, MAINWAY, LANCASTER, LA1 2BA

    This flat/maisonette leasehold property on Mainway last sold in February 2020 for £50,000. Based on price growth in the LA1 district since then, its estimated current value is £58,863 — placing it in the 0th percentile nationally and the 1st percentile within LA1. The property covers 53 m² (570 sq ft), giving an estimated value of £1,111 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £50,000

    Feb 2020

    Estimated Valuation

    £58,863

    Est. £/sq ft

    £103/sq ft

    £1,111/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateAug 2019
    WallsSystem built, with external insulation
    HeatingElectric storage heaters

    Transaction History

    21 Feb 2020

    £50,000

    Key Metrics

    Estimated valuation£58,863
    Value per sq ft / m²£103/sq ft (£1,111/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile1st percentile
    National percentile0th 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

    More properties in LA1

    Streets in LA1

    Explore nearby