12 Melrose Terrace

    12, MELROSE TERRACE, BACUP, OL13 8QD

    This terraced leasehold property on Melrose Terrace last sold in July 2023 for £120,000. Based on price growth in the OL13 district since then, its estimated current value is £131,320 — placing it in the 9th percentile nationally and the 37th percentile within OL13. The property covers 74 m² (797 sq ft), giving an estimated value of £1,775 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £120,000

    Jul 2023

    Estimated Valuation

    £131,320

    Est. £/sq ft

    £165/sq ft

    £1,775/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialA
    Floor area797 sq ft (74 m²)
    EPC dateJan 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2023

    £120,000

    10 Oct 2008

    £132,500

    18 May 2007

    £117,600

    4 Apr 2006

    £126,000

    17 Dec 2004

    £112,000

    25 Nov 1999

    £38,000

    Key Metrics

    Estimated valuation£131,320
    Value per sq ft / m²£165/sq ft (£1,775/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OL13 district percentile37th percentile
    National percentile9th percentile

    District Context — OL13

    OL13 covers neighbourhoods in the Oldham area of Greater Manchester, positioned in the foothills north-east of the conurbation. It is a long-established residential district with a mixed character of urban and semi-rural communities.

    Average Property Price - OL13

    £196,881

    11

    National percentile

    Average Net Household Income - OL13

    £32,005

    14

    National percentile

    10-Year Annualised Price Growth - OL13

    5.6%

    95

    National percentile

    10-Year Annualised Rent Growth - OL

    5.3%

    95

    National percentile

    View full analysis for OL13

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