42 Balmoral Road, Lancaster, LA1 3BU is a freehold terraced property built before 1900. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £196,862 , which equates to approximately £215 per square foot. It was last sold on 27 Nov 2020 for £160,000. Since then, the value has increased by £36,862, representing a 23.0% increase, or approximately 4.6% per year.

The current estimated value of £196,862 is:

  • 3.2% lower than the average property price on Balmoral Road
  • 7.5% lower than the average in the LA1 3BU postcode area
  • and 15.1% lower than the average price for Lancaster as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 October 2023, the property was recorded as rented.

View sold house prices in LA1 3BU

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
915 sq ft
Tenure
Freehold
Price (estimate)
£196,862
Price Per sq ft (estimate)
£215
Bedroom Count (estimate)
3 bedrooms

EPC Summary

42 Balmoral Road, Lancaster, Lancashire, LA1 3BU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Oct 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Nov 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from sandstone or limestone, as built, no insulation (assumed) to sandstone or limestone, with internal insulation, improving energy efficiency from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Sandstone or limestone, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 3BU

25 th / 34
Price Rank
7% lower than average
26 th / 31
Size Rank
8% smaller than average
22 nd / 31
Price Per Sq FT Rank
1% higher than average

Compared to other properties in LA1 3BU , this house's estimated value ranks 25th out of 34. Based on price per square foot, it ranks 22th out of 31 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 26th out of 31 properties in its postcode area.

Sale History

Today
£196,862
streetscan.co.uk estimate
+23 %
27 Nov 2020
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 936 sq ft
sale price: £200,000
sale date: 3 Sep 2024
rooms: 5
size: 936 sq ft
sale price: £200,000
sale date: 13 Aug 2024
rooms: 5
size: 958 sq ft
sale price: £224,550
sale date: 28 Jun 2024
rooms: 5
size: 915 sq ft
sale price: £275,000
sale date: 31 Jan 2024
rooms: 5
size: 980 sq ft
sale price: £160,000
sale date: 17 Mar 2023

Data Sources

The property at 42 Balmoral Road, Lancaster, Lancashire, LA1 3BU appears once in the Land Registry records, with the transaction recorded on 27 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Oct 2023. 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.