3 Norcote Lodge, 8 Old Town Lane

    3 NORCOTE LODGE, 8, OLD TOWN LANE, FORMBY, LIVERPOOL, L37 3HP

    This flat/maisonette leasehold property on Old Town Lane last sold in October 2019 for £315,000. Based on price growth in the L37 district since then, its estimated current value is £350,546 — placing it in the 59th percentile nationally and the 57th percentile within L37. The property covers 123 m² (1,324 sq ft), giving an estimated value of £2,850 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    123 m²

    (1,324 sq ft)

    Last Sale Price

    £315,000

    Oct 2019

    Estimated Valuation

    £350,546

    Est. £/m²

    £2,850/m²

    £265/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area123 m² (1,324 sq ft)
    EPC dateDec 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2019

    £315,000

    16 Sept 2005

    £280,000

    Key Metrics

    Estimated valuation£350,546
    Value per m² / sq ft£2,850/m² (£265/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    L37 district percentile57th percentile
    National percentile59th percentile

    District Context — L37

    L37 covers the coastal and semi-rural areas of northwest Merseyside, including parts of Formby and the surrounding settlements north of Liverpool. It is a well-established residential district with a notably mature population and strong owner-occupier character.

    Average Property Price - L37

    £374,164

    62

    National percentile

    Average Net Household Income - L37

    £40,583

    61

    National percentile

    10-Year Annualised Price Growth - L37

    3.0%

    28

    National percentile

    10-Year Annualised Rent Growth - L

    4.1%

    61

    National percentile

    View full analysis for L37

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