Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Public records show 42, Melrose Street, Lancaster to be a period freehold house with 473 ft2 of internal area, sitting on a 43.6 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
42, Melrose Street, Lancaster has an estimated sale value of £130,963 and an estimated rental value of £692 per month, assuming reasonable condition and based on the information available.
Melrose Street, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
42, Melrose Street, Lancaster has 3 entries in the Land Registry , most recently in January 2025 and a single entry in the EPC database dated October 2024.
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.
In very good condition, we estimate 42, Melrose Street, Lancaster would be worth £137,511, with a potential rental value of £727 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £121,796, with a rental value of £644 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 42, Melrose Street, Lancaster has fallen by £384 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (3.4%). The property's estimated gross yield is currently 6.3%.
42, Melrose Street, Lancaster occupies a 44 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 27 have recorded plot sizes, and this one ranks as the 5th largest.
42, Melrose Street, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
42, Melrose Street, Lancaster last changed hands on 3rd January 2025, selling for £122,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 8.0% since January 2025.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 42, Melrose Street, Lancaster across the last 2 years.
Most recently, 8, Melrose Street, Lancaster, LA1 3DL, a freehold house, sold at £116,000 on the 31st March 2025.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 42, Melrose Street, Lancaster as the 28th largest and the 28th most expensive of the 32 addresses on Melrose Street, Lancaster, LA1.
Against the LA1 postcode district average, it is £114k less expensive than the typical property.
Lancaster station is the nearest stop to 42, Melrose Street, Lancaster at 1.2 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Melrose Street, Lancaster, 48.4% of property is privately rented and 26.6% is privately owned outright.
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 42, Melrose Street, Lancaster, 35.3% of residents are recorded as possessing school level qualifications and 39.2% 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 42, Melrose Street, Lancaster, the average age was 33.5 and the most common age was 22.
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 42, Melrose Street, Lancaster, 0.0% 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 42, Melrose Street, Lancaster, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
