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According to the public record, 53, Melrose Gardens, Blackpool is a modern freehold house with 1,237 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Melrose Gardens, Blackpool is £234,387 and the estimated rental value is £1,182 per month.
Melrose Gardens, Blackpool, FY4 is located within the FY4 postal district.
53, Melrose Gardens, Blackpool has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated October 2021.
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 53, Melrose Gardens, Blackpool is in very good condition we estimate a sale value of £246,106 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,980 and a rental value of £1,099 per month.
Over the last 12 months the sale value of 53 Melrose Gardens Blackpool has decreased by an estimated £2,214 (0.9%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 6%.
53, Melrose Gardens, Blackpool has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2021.
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, 53, Melrose Gardens, Blackpool was last sold on 5th November 2021 for £257,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has dropped 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Melrose Gardens, Blackpool within a radius of 590 metres over the last 2 years.
The most recent example is 51, Melrose Gardens, Blackpool, FY4 4YW, a freehold house which sold for £257,000 on the 1st October 2021.
Read more about house prices in FY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Gardens, Blackpool, FY4 has a total of 45 addresses. According to our analysis of all the public data, 53, Melrose Gardens, Blackpool is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in FY4.
The closest station to 53, Melrose Gardens, Blackpool is Blackpool South station which is 2.7 kilometres 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 53, Melrose Gardens, Blackpool, 40.3% of property is privately owned with a mortgage and 30.4% 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 53, Melrose Gardens, Blackpool, 9.6% of residents are recorded as possessing school level qualifications and 24.5% 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 53, Melrose Gardens, Blackpool, the average age was 43.1 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 53, Melrose Gardens, Blackpool, 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 53, Melrose Gardens, Blackpool, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.
