2, The Millrace Damside Street, Lancaster, LA1 1BL is a leasehold flat built in 2007 onwards. The property offers approximately 807 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £138,401 , which equates to approximately £171 per square foot. It was last sold on 16 Oct 2019 for £117,500. Since then, the value has increased by £20,901, representing a 17.8% increase, or approximately 2.9% per year.

The current estimated value of £138,401 is:

  • 23.9% lower than the average property price on Damside Street
  • 34.4% lower than the average in the LA1 1BL postcode area
  • and 40.6% lower than the average price for Lancaster as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 April 2019, the property was recorded as owner-occupied.

View sold house prices in LA1 1BL

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
807 sq ft
Tenure
Leasehold
Price (estimate)
£138,401
Price Per sq ft (estimate)
£171
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2, The Millrace Damside Street, Lancaster, Lancashire, LA1 1BL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Apr 2019.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Nov 2008. The rating of C is unchanged, though the energy efficiency score decreased by 2.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LA1 1BL

17 th / 22
Price Rank
34% lower than average
8 th / 18
Size Rank
6% smaller than average
14 th / 18
Price Per Sq FT Rank
30% lower than average

Compared to other properties in LA1 1BL , this flat's estimated value ranks 17th out of 22. Based on price per square foot, it ranks 14th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 18 properties in its postcode area.

Sale History

Today
£138,401
streetscan.co.uk estimate
+18 %
16 Oct 2019
£117,500
Leasehold
-11.7 %
9 Jun 2009
£133,000
Leasehold
-21.8 %
15 Sep 2006
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £195,000
sale date: 24 Aug 2022
rooms: 3
size: 732 sq ft
sale price: £158,000
sale date: 25 Oct 2021
rooms: 4
size: 926 sq ft
sale price: £242,000
sale date: 17 Sep 2018
rooms: 3
size: 721 sq ft
sale price: £120,000
sale date: 11 Oct 2013
rooms: 3
size: 700 sq ft
sale price: £197,500
sale date: 26 Aug 2005

Data Sources

The property at 2, The Millrace Damside Street, Lancaster, LA1 1BL appears three times in the Land Registry records, with the latest transaction recorded on 16 Oct 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Apr 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.