16 Melrose Avenue

    16, MELROSE AVENUE, MORECAMBE, MORECAMBE, LA4 5NG

    This terraced freehold property on Melrose Avenue last sold in February 2007 for £111,000. Based on price growth in the LA4 district since then, its estimated current value is £160,986 — placing it in the 15th percentile nationally and the 34th percentile within LA4. The property covers 80 m² (861 sq ft), giving an estimated value of £2,012 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £111,000

    Feb 2007

    Estimated Valuation

    £160,986

    Est. £/sq ft

    £187/sq ft

    £2,012/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Feb 2007

    £111,000

    27 Jan 2004

    £77,000

    19 Apr 2002

    £47,500

    8 Sept 1999

    £42,000

    Key Metrics

    Estimated valuation£160,986
    Value per sq ft / m²£187/sq ft (£2,012/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile34th percentile
    National percentile15th 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

    More properties in LA4

    Streets in LA4

    Explore nearby