56 Melrose Avenue

    56, MELROSE AVENUE, BOLTON, BL1 5NA

    This terraced leasehold property on Melrose Avenue last sold in December 2015 for £60,000. Based on price growth in the BL1 district since then, its estimated current value is £110,650 — placing it in the 5th percentile nationally and the 21st percentile within BL1. The property covers 65 m² (700 sq ft), giving an estimated value of £1,702 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £60,000

    Dec 2015

    Estimated Valuation

    £110,650

    Est. £/sq ft

    £158/sq ft

    £1,702/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Dec 2015

    £60,000

    Key Metrics

    Estimated valuation£110,650
    Value per sq ft / m²£158/sq ft (£1,702/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BL1 district percentile21st percentile
    National percentile5th percentile

    District Context — BL1

    BL1 covers Bolton town centre and surrounding areas in Greater Manchester, situated between Manchester and the Pennine foothills. It is a working-class district with a diverse population, strong community character, and a notable tradition of manufacturing heritage.

    Average Property Price - BL1

    £222,919

    19

    National percentile

    Average Net Household Income - BL1

    £28,281

    5

    National percentile

    10-Year Annualised Price Growth - BL1

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - BL

    5.3%

    96

    National percentile

    View full analysis for BL1

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