2 Melville Street

    2, MELVILLE STREET, BURNLEY, BURNLEY, BB10 3DY

    This terraced leasehold property on Melville Street last sold in May 2007 for £61,500. Based on price growth in the BB10 district since then, its estimated current value is £89,403 — placing it in the 3rd percentile nationally and the 27th percentile within BB10. The property covers 79 m² (850 sq ft), giving an estimated value of £1,132 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £61,500

    May 2007

    Estimated Valuation

    £89,403

    Est. £/sq ft

    £105/sq ft

    £1,132/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateOct 2021
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 May 2007

    £61,500

    Key Metrics

    Estimated valuation£89,403
    Value per sq ft / m²£105/sq ft (£1,132/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB10 district percentile27th percentile
    National percentile3rd percentile

    District Context — BB10

    BB10 covers parts of East Lancashire, including areas around Burnley and Padiham. It is a lower-cost residential district with a traditionally working-class character and strong community ties.

    Average Property Price - BB10

    £159,725

    4

    National percentile

    Average Net Household Income - BB10

    £31,728

    13

    National percentile

    10-Year Annualised Price Growth - BB10

    4.9%

    88

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB10

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