Flat 5, Covell House Castle Park Mews, Lancaster, LA1 1WA is a leasehold flat built between 1991-1995. The property offers approximately 635 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £123,047 , which equates to approximately £194 per square foot. It was last sold on 15 Jan 2021 for £110,000. Since then, the value has increased by £13,047, representing a 11.9% increase, or approximately 2.4% per year.

The current estimated value of £123,047 is:

  • 22.9% lower than the average property price on Castle Park Mews
  • 19.1% lower than the average in the LA1 1WA postcode area
  • and 46.9% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 27 July 2020, the property was recorded as owner-occupied.

View sold house prices in LA1 1WA

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£123,047
Price Per sq ft (estimate)
£194
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Covell House Castle Park Mews, Lancaster, Lancashire, LA1 1WA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Jul 2020.

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

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 1WA

23 rd / 26
Price Rank
19% lower than average
7 th / 23
Size Rank
8% bigger than average
21 st / 23
Price Per Sq FT Rank
25% lower than average

Compared to other properties in LA1 1WA , this flat's estimated value ranks 23th out of 26. Based on price per square foot, it ranks 21th out of 23 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 7th out of 23 properties in its postcode area.

Sale History

Today
£123,047
streetscan.co.uk estimate
+12 %
15 Jan 2021
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £122,000
sale date: 21 Feb 2024
rooms: 3
size: 624 sq ft
sale price: £210,000
sale date: 30 Jun 2023
rooms: 2
size: 560 sq ft
sale price: £147,000
sale date: 19 Apr 2022
rooms: 3
size: 592 sq ft
sale price: £115,000
sale date: 25 Feb 2022
rooms: 2
size: 549 sq ft
sale price: £125,000
sale date: 14 Jan 2022

Data Sources

The property at Flat 5, Covell House Castle Park Mews, Lancaster, Lancashire, LA1 1WA appears once in the Land Registry records, with the transaction recorded on 15 Jan 2021. It also has a single Energy Performance Certificate (EPC) from 27 Jul 2020. 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.