14 Melrose Street

    14, MELROSE STREET, LANCASTER, LANCASTER, LA1 3DL

    This terraced freehold property on Melrose Street last sold in November 1996 for £32,225. Based on price growth in the LA1 district since then, its estimated current value is £140,936 — placing it in the 11th percentile nationally and the 24th percentile within LA1. The property covers 46 m² (495 sq ft), giving an estimated value of £3,064 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £32,225

    Nov 1996

    Estimated Valuation

    £140,936

    Est. £/sq ft

    £285/sq ft

    £3,064/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateAug 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 1996

    £32,225

    Key Metrics

    Estimated valuation£140,936
    Value per sq ft / m²£285/sq ft (£3,064/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile24th percentile
    National percentile11th percentile

    District Context — LA1

    LA1 covers Lancaster and its surrounding areas in north-west England, positioned between the Lake District and Morecambe Bay. It is a mixed community blending university town vibrancy with traditional coastal and rural character.

    Average Property Price - LA1

    £213,666

    16

    National percentile

    Average Net Household Income - LA1

    £35,197

    32

    National percentile

    10-Year Annualised Price Growth - LA1

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA1

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