Average Price for property in The Colonnade, Lancaster, LA1 is around £156,905 e.g. average price for a flat is around 156,905. Values have been changing and have risen £18 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £441 in last 6 months, £5,170 in last 1 year, £11,171 in last 2 years, £13,826 in last 3 years, £12,649 in last 4 years and £6,443 in last 5 years.
Currently average asking price of a property in The Colonnade, Lancaster, LA1 is around £165,270 based on approximately 2 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £544 per month.
Estimated property value in The Colonnade, Lancaster, LA1 is £156,905. Average asking price is £165,270 while average price paid is £107,000 which is up by £5,170 and Avg. asking rent £544.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in The Colonnade, Lancaster, LA1 area. In last 1 year alone average price buyer paid is around £107,000 based on approximately 2 sales in The Colonnade, Lancaster, LA1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £118,187. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £129,281 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £131,625 per sale.