1, Park Square - LA1 3EH
Key Building Insights
1, Park Square is a residential building situated on Park Square, Lancaster, LA1 with 7 addresses.
It ranks as the 408th largest and 33rd most expensive of the 583 buildings in the LA1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 7 flats.
- Ave. Sale Price
- £84,539
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £549pcm
- 10 Year change
- up 38.7%
- Ave. £ per ft²
- £393/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Key Building Insights
1, Park Square is a residential building situated on Park Square, Lancaster, LA1 with 7 addresses.
It ranks as the 408th largest and 33rd most expensive of the 583 buildings in the LA1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 7 properties: 7 flats.
- Ave. Sale Price
- £84,539
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £549pcm
- 10 Year change
- up 38.7%
- Ave. £ per ft²
- £393/ft²
- Ave. Gross Yield
- 7.8%/year/yr
Explore Propertieson Park Square, Lancaster, LA1
- Studio 1, 1 Park Square
1 Bed Modern Flat
- Studio 2, 1 Park Square
1 Bed Modern Flat
- Studio 3, 1 Park Square
1 Bed Modern Flat
- Studio 4, 1 Park Square
1 Bed Modern Flat
- Studio 5, 1 Park Square
1 Bed Modern Flat
Sales Market Trends
The last sale in 1, Park Square sold for £775,000 on 20th December 2022. Since then prices are down an average of 0.0%.
The current average value in the building is £84,539.
The 1, Park Square Sales Market has increased by 24.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £84,539 |
| June 2025 | 1.4% | £83,887 |
| June 2024 | 1.9% | £82,758 |
| June 2023 | 0.6% | £81,178 |
| June 2022 | 8.9% | £80,732 |
| June 2021 | 6% | £74,125 |
| June 2020 | 0.8% | £69,932 |
| June 2019 | 0.5% | £69,396 |
| June 2018 | -0.5% | £69,024 |
| June 2017 | 2.1% | £69,388 |
| June 2016 | 1.1% | £67,968 |
| June 2015 | 1.7% | £67,238 |
| June 2014 | 1.6% | £66,088 |
| June 2013 | -0.9% | £65,074 |
| June 2012 | -1.2% | £65,660 |
| June 2011 | -1.3% | £66,431 |
| June 2010 | 0.7% | £67,339 |
| June 2009 | -12.8% | £66,866 |
| June 2008 | 0.2% | £76,683 |
| June 2007 | 0% | £76,538 |
Rental Market Trends
The current average rental value in the building is £549.
The 1, Park Square Rental Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £549pcm |
| June 2025 | 3.7% | £524pcm |
| June 2024 | 11.1% | £505pcm |
| June 2023 | 3.4% | £454pcm |
| June 2022 | 8.2% | £440pcm |
| June 2021 | 1.4% | £406pcm |
| June 2020 | 0.3% | £401pcm |
| June 2019 | 2.4% | £399pcm |
| June 2018 | -0.8% | £390pcm |
| June 2017 | -0.7% | £393pcm |
| June 2016 | 0.5% | £396pcm |
| June 2015 | -0.9% | £394pcm |
| June 2014 | 0.2% | £397pcm |
| June 2013 | -1.1% | £396pcm |
| June 2012 | -0.2% | £401pcm |
| June 2011 | 1.2% | £402pcm |
| June 2010 | -0.6% | £397pcm |
| June 2009 | -4.1% | £400pcm |
| June 2008 | 3.6% | £417pcm |
| June 2007 | 0% | £402pcm |
Sales History
The last sale was on 20th December 2022 for £775,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
1, Park Square, Lancaster, LA1 3EH has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£775,000 | 1 Bed FlatStudio 7, 1, Park Square, Lancaster, LA1 3EHStudio 7, 1, Park Square, Lancaster, LA1 3EH
- Sold Jan 2021£245,000 | 1 Bed FlatStudio 7, 1, Park Square, Lancaster, LA1 3EHStudio 7, 1, Park Square, Lancaster, LA1 3EH
- Sold Dec 2016£282,200 | 1 Bed FlatStudio 7, 1, Park Square, Lancaster, LA1 3EHStudio 7, 1, Park Square, Lancaster, LA1 3EH
Property Types
- 7 modern flats built after 1980
- modern flat (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2022£775,000 | 1 Bed FlatStudio 7, 1, Park Square, Lancaster, LA1 3EHStudio 7, 1, Park Square, Lancaster, LA1 3EH
- Sold Feb 2023£285,000 | 4 Bed House15, Park Square, Lancaster, LA1 3EH15, Park Square, Lancaster, LA1 3EH
- Sold Dec 2016£282,200 | 1 Bed FlatStudio 7, 1, Park Square, Lancaster, LA1 3EHStudio 7, 1, Park Square, Lancaster, LA1 3EH
Schools Nearby
- The Cathedral Catholic Primary School, Lancaster200 m away
- Lancaster Christ Church Church of England Primary School500 m away
- Castle View Primary Academy600 m away
- Lancaster Royal Grammar School100 m away
- Lancaster High School800 m away
- Lancaster Girls' Grammar School900 m away
More reading links
Public Transport Nearby
The closest station to 1, Park Square, Lancaster, LA1 3EH is Lancaster station, which is 1.1 kilometres away.
- Lancaster|1.1 km away
- Bare Lane|4.2 km away
- Morecambe|5.7 km away
- Heysham Port|8.2 km away