40 River Street, Lancaster, LA1 1AD is a leasehold flat built between 1996-2002. The property offers approximately 743 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £166,533 , which equates to approximately £224 per square foot. It was last sold on 23 Sep 2003 for £96,250. Since then, the value has increased by £70,283, representing a 73.0% increase, or approximately 3.3% per year.

The current estimated value of £166,533 is:

  • 22.5% lower than the average property price on River Street
  • 21.5% lower than the average in the LA1 1AD postcode area
  • and 28.2% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 12 January 2021, the property was recorded as owner-occupied.

View sold house prices in LA1 1AD

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£166,533
Price Per sq ft (estimate)
£224
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 River Street, Lancaster, Lancashire, LA1 1AD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Jan 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Apr 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 56.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 1AD

32 nd / 43
Price Rank
21% lower than average
27 th / 40
Size Rank
24% smaller than average
25 th / 40
Price Per Sq FT Rank
4% higher than average

Compared to other properties in LA1 1AD , this flat's estimated value ranks 32th out of 43. Based on price per square foot, it ranks 25th out of 40 properties. In terms of size, this home ranks 27th out of 40 properties in its postcode area.

Sale History

Today
£166,533
streetscan.co.uk estimate
+73 %
23 Sep 2003
£96,250
Leasehold

Area Insights

Similar Properties Sold Nearby

43 River Street, Lancaster, LA1 1AD
rooms: 3
size: 721 sq ft
sale price: £137,500
sale date: 16 Feb 2024
34 River Street, Lancaster, LA1 1AD
rooms: 3
size: 786 sq ft
sale price: £172,500
sale date: 25 Aug 2023
24 River Street, Lancaster, LA1 1AD
rooms: 3
size: 732 sq ft
sale price: £126,000
sale date: 6 Jun 2022
37 River Street, Lancaster, LA1 1AD
rooms: 3
size: 667 sq ft
sale price: £108,500
sale date: 28 Aug 2020
29 River Street, Lancaster, LA1 1AD
rooms: 3
size: 777 sq ft
sale price: £128,000
sale date: 24 Feb 2014

Data Sources

The property at 40 River Street, Lancaster, Lancashire, LA1 1AD appears once in the Land Registry records, with the transaction recorded on 23 Sep 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jan 2021. 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.
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