56 The Colonnade, Lancaster, LA1 3FP is a leasehold flat built between 1996-2002. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £189,782 , which equates to approximately £275 per square foot. It was last sold on 17 Sep 2004 for £145,000. Since then, the value has increased by £44,782, representing a 30.9% increase, or approximately 1.5% per year.

The current estimated value of £189,782 is:

  • 5.9% higher than the average property price on The Colonnade
  • 9.7% higher than the average in the LA1 3FP postcode area
  • and 18.2% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 26 July 2023, the property was recorded as rented.

View sold house prices in LA1 3FP

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£189,782
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 The Colonnade, Lancaster, Lancashire, LA1 3FP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Jul 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 14 Mar 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 90% of fixed outlets, with efficiency improving from very poor to very good.
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
Low energy lighting in 90% of fixed outlets
Very Good

Compared to LA1 3FP

23 rd / 36
Price Rank
10% higher than average
21 st / 31
Size Rank
7% smaller than average
11 th / 31
Price Per Sq FT Rank
18% higher than average

Compared to other properties in LA1 3FP , this flat's estimated value ranks 23th out of 36. Based on price per square foot, it ranks 11th out of 31 properties. In terms of size, this home ranks 21th out of 31 properties in its postcode area.

Sale History

Today
£189,782
streetscan.co.uk estimate
+31 %
17 Sep 2004
£145,000
Leasehold
+48 %
14 Feb 2003
£97,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 614 sq ft
sale price: £112,500
sale date: 23 Apr 2025
rooms: 3
size: 667 sq ft
sale price: £162,000
sale date: 15 Aug 2024
rooms: 2
size: 614 sq ft
sale price: £99,950
sale date: 12 Jan 2023
rooms: 3
size: 668 sq ft
sale price: £131,000
sale date: 9 Apr 2021
rooms: 3
size: 635 sq ft
sale price: £117,500
sale date: 21 Dec 2020

Data Sources

The property at 56 The Colonnade, Lancaster, LA1 3FP appears two times in the Land Registry records, with the latest transaction recorded on 17 Sep 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jul 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.