24 Melbourne Road

    24, MELBOURNE ROAD, LANCASTER, LA1 3QB

    This terraced freehold property on Melbourne Road last sold in December 2009 for £115,000. Based on price growth in the LA1 district since then, its estimated current value is £171,494 — placing it in the 17th percentile nationally and the 42nd percentile within LA1. The property covers 64 m² (689 sq ft), giving an estimated value of £2,680 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £115,000

    Dec 2009

    Estimated Valuation

    £171,494

    Est. £/sq ft

    £249/sq ft

    £2,680/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 area689 sq ft (64 m²)
    EPC dateJun 2025
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Dec 2009

    £115,000

    21 Dec 2000

    £42,000

    13 Jan 1998

    £36,500

    Key Metrics

    Estimated valuation£171,494
    Value per sq ft / m²£249/sq ft (£2,680/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile42nd percentile
    National percentile17th 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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