2 Thomas Grove

    2, THOMAS GROVE, MORECAMBE, LA4 5TF

    This terraced freehold property on Thomas Grove last sold in December 2020 for £120,000. Based on price growth in the LA4 district since then, its estimated current value is £173,499 — placing it in the 18th percentile nationally and the 41st percentile within LA4. The property covers 64 m² (689 sq ft), giving an estimated value of £2,711 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

    £120,000

    Dec 2020

    Estimated Valuation

    £173,499

    Est. £/sq ft

    £252/sq ft

    £2,711/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    4 Dec 2020

    £120,000

    6 Mar 2015

    £96,000

    Key Metrics

    Estimated valuation£173,499
    Value per sq ft / m²£252/sq ft (£2,711/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile41st percentile
    National percentile18th 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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