5 Rays Court Rays Drive

    5 RAYS COURT, RAYS DRIVE, LANCASTER, LA1 4NT

    This flat/maisonette leasehold property on Rays Drive last sold in October 2022 for £225,000. Based on price growth in the LA1 district since then, its estimated current value is £226,505 — placing it in the 31st percentile nationally and the 66th percentile within LA1. The property covers 117 m² (1,259 sq ft), giving an estimated value of £1,936 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,259 sq ft

    117 m²

    Last Sale Price

    £225,000

    Oct 2022

    Estimated Valuation

    £226,505

    Est. £/sq ft

    £180/sq ft

    £1,936/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area1,259 sq ft (117 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    14 Oct 2022

    £225,000

    18 Oct 2017

    £239,000

    20 Jun 2013

    New build

    £199,500

    Key Metrics

    Estimated valuation£226,505
    Value per sq ft / m²£180/sq ft (£1,936/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile66th percentile
    National percentile31st 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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