1 Needham Rise

    1, NEEDHAM RISE, MORECAMBE, LA4 4PJ

    This detached freehold property on Needham Rise last sold in April 2017 for £159,000. Based on price growth in the LA4 district since then, its estimated current value is £231,989 — placing it in the 33rd percentile nationally and the 70th percentile within LA4. The property covers 73 m² (786 sq ft), giving an estimated value of £3,178 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £159,000

    Apr 2017

    Estimated Valuation

    £231,989

    Est. £/sq ft

    £295/sq ft

    £3,178/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateOct 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Apr 2017

    £159,000

    24 Feb 2016

    £127,500

    Key Metrics

    Estimated valuation£231,989
    Value per sq ft / m²£295/sq ft (£3,178/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile70th percentile
    National percentile33rd 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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