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According to the public record, 32, The Colonnade, Lancaster is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, The Colonnade, Lancaster is £147,259 and the estimated rental value is £723 per month.
The Colonnade, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
32, The Colonnade, Lancaster has 21 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 32, The Colonnade, Lancaster is in very good condition we estimate a sale value of £154,622 and a rental value of £759 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,950 and a rental value of £672 per month.
Over the last 12 months the sale value of 32 The Colonnade Lancaster has increased by an estimated £1,354 (0.9%) and its rental value has increased by an estimated £29 per month (4.0%), giving an expected gross yield of 5.9%.
32, The Colonnade, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, The Colonnade, Lancaster was last sold on 21st December 2020 for £117,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has dropped 15.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, The Colonnade, Lancaster within a radius of 900 metres over the last 2 years.
The most recent example is 14, The Colonnade, Lancaster, LA1 3FP, a leasehold flat which sold for £112,500 on the 23rd April 2025.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Colonnade, Lancaster, LA1 has a total of 36 addresses. According to our analysis of all the public data, 32, The Colonnade, Lancaster is the 30th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in LA1.
The closest station to 32, The Colonnade, Lancaster is Lancaster station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, The Colonnade, Lancaster, 48.3% of property is privately owned with a mortgage and 35.0% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 32, The Colonnade, Lancaster, 24.6% of residents are recorded as possessing school level qualifications and 66.9% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 32, The Colonnade, Lancaster, the average age was 37.9 and the most common age was 37.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 32, The Colonnade, Lancaster, 0.2% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 32, The Colonnade, Lancaster, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.