71, MAIN ROAD, GALGATE, LANCASTER, LA2 0LA - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 MAIN ROAD is a flat, which could now be worth an estimated £137,834. It was last sold for £110,000 in August 2015, which was around 25% above the average August 2015 flat price in the Lancaster local authority area.

71 MAIN ROAD Sold Prices

Land registry data shows three sales for 71 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. Two of the three 71 MAIN ROAD sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 12 AUG	£110,000	£88,079	25% above HPI
2003 23 OCT	£65,000	£65,699	1% below HPI
2002 4 OCT	£65,000	£51,208	27% above HPI

What might 71 MAIN ROAD be worth now?

71 MAIN ROAD might now be worth an estimated £137,834.

This is based on house price inflation of 25.3%, between August 2015 and May 2026, for flats, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.3% inflationary increase is applied to the most recent sale price for 71 MAIN ROAD of £110,000 on 12th August 2015. For the value to have increased from £110,000 to £137,834 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 71 MAIN ROAD has moved in line with the HPI for flats in the Lancaster local authority area.
• The August 2015 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 71 MAIN ROAD has not materially changed since August 2015.

Where is 71 MAIN ROAD?

71 MAIN ROAD is located in GALGATE, in the LA2 postcode district.