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According to the public record, 35, Mellings Place, Carnforth is a modern freehold house with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Mellings Place, Carnforth is £298,436 and the estimated rental value is £1,318 per month.
Mellings Place, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
35, Mellings Place, Carnforth has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 35, Mellings Place, Carnforth is in very good condition we estimate a sale value of £313,357 and a rental value of £1,384 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,545 and a rental value of £1,226 per month.
Over the last 12 months the sale value of 35 Mellings Place Carnforth has increased by an estimated £1,042 (0.3%) and its rental value has increased by an estimated £44 per month (3.4%), giving an expected gross yield of 5.3%.
35, Mellings Place, Carnforth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 35, Mellings Place, Carnforth was last sold on 12th January 2024 for £289,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Mellings Place, Carnforth within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 31, Mellings Place, Carnforth, LA5 9TQ, a leasehold house which sold for £188,623 on the 31st May 2024.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellings Place, Carnforth, LA5 has a total of 30 addresses. According to our analysis of all the public data, 35, Mellings Place, Carnforth is the 23rd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in LA5.
The closest station to 35, Mellings Place, Carnforth is Carnforth station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Mellings Place, Carnforth, 61.1% of property is privately owned outright and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 35, Mellings Place, Carnforth, 8.7% of residents are recorded as possessing school level qualifications and 30.3% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 35, Mellings Place, Carnforth, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 35, Mellings Place, Carnforth, 0.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 35, Mellings Place, Carnforth, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.