Flat 3c Frankland House Mainway

    FLAT 3C FRANKLAND HOUSE, MAINWAY, LANCASTER, LA1 2BA

    This flat/maisonette leasehold property on Mainway last sold in January 2024 for £70,000. Based on price growth in the LA1 district since then, its estimated current value is £73,755 — placing it in the 1st percentile nationally and the 2nd percentile within LA1. The property covers 54 m² (581 sq ft), giving an estimated value of £1,366 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £70,000

    Jan 2024

    Estimated Valuation

    £73,755

    Est. £/sq ft

    £127/sq ft

    £1,366/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelTo be used only when there is no heating/hot-water system
    EPC currentE
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateOct 2012
    WallsSystem built, with external insulation
    HeatingNo system present: electric heaters assumed

    Transaction History

    3 Jan 2024

    £70,000

    24 Jun 2021

    £50,000

    Key Metrics

    Estimated valuation£73,755
    Value per sq ft / m²£127/sq ft (£1,366/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile2nd percentile
    National percentile1st 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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