FLAT 3, 33, SCOTFORTH ROAD, LANCASTER, LA1 4TS - £99,950

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.

FLAT 3 33 SCOTFORTH ROAD is a large flat of 70m², built sometime before 1900, which could now be worth an estimated £123,985. It was last sold for £99,950 in June 2020, which was around 12% above the average June 2020 flat price in the Lancaster local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was C.

FLAT 3 33 SCOTFORTH ROAD Sold Prices

Land registry data shows two sales for FLAT 3 33 SCOTFORTH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Lancaster local authority area for the corresponding sale date. One of the two FLAT 3 33 SCOTFORTH ROAD sales was for above the average price, whilst the other 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
2020 5 JUN	£99,950	£88,971	12% above HPI
2003 8 SEP	£40,000	£64,440	38% below HPI

What might FLAT 3 33 SCOTFORTH ROAD be worth now?

FLAT 3 33 SCOTFORTH ROAD might now be worth an estimated £123,985.

This is based on house price inflation of 24%, between June 2020 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 24% inflationary increase is applied to the most recent sale price for FLAT 3 33 SCOTFORTH ROAD of £99,950 on 5th June 2020. For the value to have increased from £99,950 to £123,985 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of FLAT 3 33 SCOTFORTH ROAD has moved in line with the HPI for flats in the Lancaster local authority area.
• The June 2020 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 33 SCOTFORTH ROAD has not materially changed since June 2020.

How Large is FLAT 3 33 SCOTFORTH ROAD?

FLAT 3 33 SCOTFORTH ROAD is 70m² according to the EPC inspection conducted in January 2011. This puts it in the largest 30% of flats in Lancaster, based on EPC data. 69% of flats are smaller than FLAT 3 33 SCOTFORTH ROAD, and 30% of flats are larger. Note that EPC data is not available for all properties in Lancaster.

Where is FLAT 3 33 SCOTFORTH ROAD?

FLAT 3, 33 SCOTFORTH ROAD is located in LANCASTER, in the LA1 postcode district.