48 The Colonnade, Lancaster, LA1 3FP is a leasehold flat built between 1996-2002. 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 £140,393 , which equates to approximately £174 per square foot. It was last sold on 21 Sep 2005 for £115,000. Since then, the value has increased by £25,393, representing a 22.1% increase, or approximately 1.1% per year.

The current estimated value of £140,393 is:

  • 21.7% lower than the average property price on The Colonnade
  • 18.9% lower than the average in the LA1 3FP postcode area
  • and 39.5% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 28 March 2019, the property was recorded as owner-occupied.

View sold house prices in LA1 3FP

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
807 sq ft
Tenure
Leasehold
Price (estimate)
£140,393
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
2 bedrooms

EPC Summary

48 The Colonnade, Lancaster, Lancashire, LA1 3FP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Mar 2019.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LA1 3FP

31 st / 36
Price Rank
19% lower than average
9 th / 31
Size Rank
9% bigger than average
31 st / 31
Price Per Sq FT Rank
25% lower than average

Compared to other properties in LA1 3FP , this flat's estimated value ranks 31th out of 36. Based on price per square foot, it ranks 31th 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 9th out of 31 properties in its postcode area.

Sale History

Today
£140,393
streetscan.co.uk estimate
+22 %
21 Sep 2005
£115,000
Leasehold
+29.3 %
20 Dec 2002
£88,950
Leasehold

Area Insights

Similar Properties Sold Nearby

72 The Colonnade, Lancaster, LA1 3FP
rooms: 1
size: 743 sq ft
sale price: £118,000
sale date: 1 Mar 2019
26 The Colonnade, Lancaster, LA1 3FP
rooms: 1
size: 732 sq ft
sale price: £108,000
sale date: 3 Jun 2014
24 The Colonnade, Lancaster, LA1 3FP
rooms: 2
size: 753 sq ft
sale price: £114,995
sale date: 8 Aug 2003

Data Sources

The property at 48 The Colonnade, Lancaster, LA1 3FP appears two times in the Land Registry records, with the latest transaction recorded on 21 Sep 2005. It also has a single Energy Performance Certificate (EPC) from 28 Mar 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.
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