The Millrace, Damside Street - LA1 1BL
Key Building Insights
The Millrace, Damside Street is a residential building situated on Damside Street, Lancaster, LA1 with 25 addresses.
It ranks as the 542nd largest and 406th 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 25 properties: 25 flats.
- Ave. Sale Price
- £182,762
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £744pcm
- 10 Year change
- up 33.0%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Building Insights
The Millrace, Damside Street is a residential building situated on Damside Street, Lancaster, LA1 with 25 addresses.
It ranks as the 542nd largest and 406th 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 25 properties: 25 flats.
- Ave. Sale Price
- £182,762
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £744pcm
- 10 Year change
- up 33.0%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertieson Damside Street, Lancaster, LA1
- 1 The Millrace Damside Street
2 Bed Modern Flat
- 2 The Millrace Damside Street
2 Bed Modern Flat
- 3 The Millrace Damside Street
2 Bed Modern Flat
- 4 The Millrace Damside Street
3 Bed Modern Flat
- 5 The Millrace Damside Street
2 Bed Modern Flat
Sales Market Trends
The last sale in The Millrace, Damside Street sold for £210,000 on 30th June 2025. Since then prices are up an average of 1.3%.
The current average value in the building is £182,762.
The The Millrace, Damside Street Sales Market has increased by 19.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £182,762 |
| June 2025 | 0.4% | £180,450 |
| June 2024 | 1.6% | £179,801 |
| June 2023 | 0% | £176,988 |
| June 2022 | 7.2% | £176,914 |
| June 2021 | 5.4% | £165,058 |
| June 2020 | 0.9% | £156,662 |
| June 2019 | 0.6% | £155,193 |
| June 2018 | -0.5% | £154,216 |
| June 2017 | 1.1% | £155,008 |
| June 2016 | 0.9% | £153,253 |
| June 2015 | 1.8% | £151,882 |
| June 2014 | 2.3% | £149,203 |
| June 2013 | -0.3% | £145,866 |
| June 2012 | -1.1% | £146,264 |
| June 2011 | -1% | £147,932 |
| June 2010 | 3.4% | £149,434 |
| June 2009 | -12.7% | £144,492 |
| June 2008 | 0.4% | £165,596 |
| June 2007 | 0% | £164,943 |
Rental Market Trends
The current average rental value in the building is £744.
The The Millrace, Damside Street Rental Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £744pcm |
| June 2025 | 2.7% | £707pcm |
| June 2024 | 10.7% | £688pcm |
| June 2023 | 2.9% | £622pcm |
| June 2022 | 6.5% | £604pcm |
| June 2021 | 0.8% | £567pcm |
| June 2020 | 0.5% | £563pcm |
| June 2019 | 2.5% | £560pcm |
| June 2018 | -0.7% | £546pcm |
| June 2017 | -1.6% | £550pcm |
| June 2016 | 0.3% | £559pcm |
| June 2015 | -0.8% | £558pcm |
| June 2014 | 0.9% | £562pcm |
| June 2013 | -0.6% | £557pcm |
| June 2012 | -0.2% | £560pcm |
| June 2011 | 1.5% | £561pcm |
| June 2010 | 2.1% | £553pcm |
| June 2009 | -4.1% | £542pcm |
| June 2008 | 3.8% | £565pcm |
| June 2007 | 0% | £544pcm |
Sales History
The last sale was on 30th June 2025 for £210,000 and since then the market in the area has increased by 1.3%. The building has had a total of 44 sales since 1995.
The Millrace, Damside Street, Lancaster, LA1 1BL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£210,000 | 3 Bed Flat16A The Millrace, Damside Street, Lancaster, LA1 1BL16A The Millrace, Damside Street, Lancaster, LA1 1BL
- Sold Nov 2024£182,000 | 3 Bed Flat19 The Millrace, Damside Street, Lancaster, LA1 1BL19 The Millrace, Damside Street, Lancaster, LA1 1BL
- Sold Aug 2022£136,000 | 2 Bed Flat9 The Millrace, Damside Street, Lancaster, LA1 1BL9 The Millrace, Damside Street, Lancaster, LA1 1BL
- Sold Aug 2022£195,000 | 2 Bed Flat25 The Millrace, Damside Street, Lancaster, LA1 1BL25 The Millrace, Damside Street, Lancaster, LA1 1BL
- Sold Jan 2022£100,000 | 2 Bed Flat1 The Millrace, Damside Street, Lancaster, LA1 1BL1 The Millrace, Damside Street, Lancaster, LA1 1BL
Property Types
- 19 modern flats built after 1980
- 4 flats of an unknown age
- 2 other addresses of unknown type
- modern flat (19)
- flat (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (4)
- F (0)
- C (12)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold May 2006£285,000 | 2 Bed Flat16 The Millrace, Damside Street, Lancaster, LA1 1BL16 The Millrace, Damside Street, Lancaster, LA1 1BL
- Sold Sep 2006£267,500 | 3 Bed Flat16A The Millrace, Damside Street, Lancaster, LA1 1BL16A The Millrace, Damside Street, Lancaster, LA1 1BL
- Sold Jan 2008£250,000 | 2 Bed Flat16 The Millrace, Damside Street, Lancaster, LA1 1BL16 The Millrace, Damside Street, Lancaster, LA1 1BL
Schools Nearby
- Lancaster Dallas Road Community Primary School500 m away
- The Cathedral Catholic Primary School, Lancaster800 m away
- Willow Lane Community Primary School900 m away
- Our Lady's Catholic College400 m away
- Lancaster Girls' Grammar School600 m away
- Lancaster Royal Grammar School900 m away
More reading links
Public Transport Nearby
The closest station to The Millrace, Damside Street, Lancaster, LA1 1BL is Lancaster station, which is 500 metres away.
- Lancaster|500 m away
- Bare Lane|3.5 km away
- Morecambe|4.9 km away
- Heysham Port|7.5 km away