38a Balmoral Road

    38A, BALMORAL ROAD, MORECAMBE, LA4 4JW

    This flat/maisonette leasehold property on Balmoral Road last sold in January 2017 for £50,000. Based on price growth in the LA4 district since then, its estimated current value is £66,841 — placing it in the 1st percentile nationally and the 4th percentile within LA4. The property covers 54 m² (581 sq ft), giving an estimated value of £1,238 per m². The EPC rating is F, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £50,000

    Jan 2017

    Estimated Valuation

    £66,841

    Est. £/sq ft

    £115/sq ft

    £1,238/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentF
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateNov 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    20 Jan 2017

    £50,000

    24 Oct 1997

    £17,000

    29 Sept 1995

    £15,499

    Key Metrics

    Estimated valuation£66,841
    Value per sq ft / m²£115/sq ft (£1,238/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile4th percentile
    National percentile1st percentile

    District Context — LA4

    LA4 covers parts of central and south Lancashire, positioned between Preston and the industrial heartland to the south. The area blends urban and semi-rural character with a working-class and mixed-income demographic.

    Average Property Price - LA4

    £198,298

    12

    National percentile

    Average Net Household Income - LA4

    £28,369

    5

    National percentile

    10-Year Annualised Price Growth - LA4

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA4

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