3 Downham Cottages Chapel Lane

    3 DOWNHAM COTTAGES, CHAPEL LANE, GALGATE, LANCASTER, LA2 0RP

    This terraced freehold property on Chapel Lane last sold in September 2019 for £130,000. Based on price growth in the LA2 district since then, its estimated current value is £150,386 — placing it in the 13th percentile nationally and the 8th percentile within LA2. The property covers 60 m² (646 sq ft), giving an estimated value of £2,506 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £130,000

    Sept 2019

    Estimated Valuation

    £150,386

    Est. £/sq ft

    £233/sq ft

    £2,506/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Sept 2019

    £130,000

    Key Metrics

    Estimated valuation£150,386
    Value per sq ft / m²£233/sq ft (£2,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA2 district percentile8th percentile
    National percentile13th percentile

    District Context — LA2

    LA2 covers the Lancaster area in north-west England, sitting between the Lake District and the coast. It is a mixed community with a blend of market town character, university presence, and rural surroundings.

    Average Property Price - LA2

    £327,161

    51

    National percentile

    Average Net Household Income - LA2

    £36,231

    39

    National percentile

    10-Year Annualised Price Growth - LA2

    3.7%

    55

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA2

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