5 Nelson Street

    5, NELSON STREET, MORECAMBE, LA4 5EF

    This flat/maisonette leasehold property on Nelson Street last sold in May 2024 for £70,000. Based on price growth in the LA4 district since then, its estimated current value is £65,712 — placing it in the 1st percentile nationally and the 3rd percentile within LA4. The property covers 47 m² (506 sq ft), giving an estimated value of £1,398 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £70,000

    May 2024

    Estimated Valuation

    £65,712

    Est. £/sq ft

    £130/sq ft

    £1,398/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2023
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateApr 2024
    WallsAverage thermal transmittance 1.01 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 2024

    £70,000

    1 Apr 2022

    £40,200

    Key Metrics

    Estimated valuation£65,712
    Value per sq ft / m²£130/sq ft (£1,398/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile3rd 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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