Housing Market Analysis for MELROSE TERRACE, OL13 8QD

Are you looking to understand OL13 8QD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Rossendale postcode.

For the location information and nearby amenities in the OL13 8QD area, explore the OL13 8QD Area information page.
For comprehensive crime statistics in the OL13 8QD area, explore the OL13 8QD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the OL13 8QD postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £81,315 median price is £105,000 Standard Deviation is £42,094 with Total Sold: 13
    • The Last 5 Year average price is £114,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 MELROSE TERRACE: £120,000 (Sold on 21 Jul 2023)
    • The first recorded sale happened at this postcode is 10 MELROSE TERRACE: £34,000 (Sold on 30 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average OL13 8QD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,000 £1,622 1
2022£108,000 £1,467 1
2011£84,000 £1,141 1
2008£132,500 £1,791 1
2007£117,600 £1,589 1
2006£126,000 £1,703 1
2004£112,000 £1,514 1
2003£105,0001
2001£26,6673
1999£38,000 £514 1
1998£34,000 £415 1

All the Sales in the MELROSE TERRACE, OL13 8QD

See the table below for more details on the sold house prices in the OL13 8QD, Rossendale postcode.

AddressSold DatePrice% Change
12 MELROSE TERRACETerraced, LeaseholdArea: 74 Sq.mtrAge: before 190021 Jul 2023£120,000-9.43%
10 Oct 2008£132,50012.67%
18 May 2007£117,600-6.67%
04 Apr 2006£126,00012.50%
17 Dec 2004£112,000194.74%
25 Nov 1999£38,000First Sale
6 MELROSE TERRACETerraced, FreeholdArea: 73.6 Sq.mtrAge: before 190004 Feb 2022£108,00028.57%
09 Dec 2011£84,000First Sale
14 MELROSE TERRACETerraced, Freehold25 Sep 2003£105,000425.00%
09 Jul 2001£20,000First Sale
8 MELROSE TERRACETerraced, Leasehold30 May 2001£41,000First Sale
4 MELROSE TERRACETerraced, Freehold23 May 2001£19,000First Sale
10 MELROSE TERRACETerraced, LeaseholdArea: 82 Sq.mtrAge: before 190030 Oct 1998£34,000First Sale

Check out the sold house prices near the OL13 8QD postcode. Properties currently for saleProperties currently for rent

MELROSE TERRACE, OL13 8QD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the OL13 8QD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the OL13 8QD postcode.

  • Detached
    • The average price is around £165,640 median price is £159,125 Standard Deviation is £88,033 with Total Sold: 390
    • The Last 5 Year average price is £295,182 with Total Sold: 39
    • The most recent sale happened at this postcode is , 12 GREENWOOD DRIVE: £469,950 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 44 PHILIPS ROAD: £53,950 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £70,952 median price is £59,950 Standard Deviation is £46,606 with Total Sold: 191
    • The Last 5 Year average price is £110,096 with Total Sold: 28
    • The most recent sale happened at this postcode is , 161 BURNLEY ROAD: £88,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 137 BURNLEY ROAD: £32,500 (Sold on 07 Jul 1995)
  • Semi-Detached
    • The average price is around £114,656 median price is £113,500 Standard Deviation is £58,619 with Total Sold: 268
    • The Last 5 Year average price is £207,842 with Total Sold: 32
    • The most recent sale happened at this postcode is , 10 KATEHOLM: £246,500 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is , 11 KATE HOLM: £46,000 (Sold on 07 Mar 1995)
  • Other
    • The average price is around £169,681 median price is £100,000 Standard Deviation is £164,448 with Total Sold: 16
    • The Last 5 Year average price is £165,317 with Total Sold: 6
    • The most recent sale happened at this postcode is , 7 RICHARD STREET: £70,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , BENTROYD BENT ESTATE: £392,500 (Sold on 02 Aug 2017)
  • Flat
    • The average price is around £78,000 median price is £78,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £78,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 12 WRIGHT STREET: £78,000 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is , 12 WRIGHT STREET: £78,000 (Sold on 05 Aug 2022)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£383,4752
2023£328,048 £2,519 5
2022£309,562 £2,386 8
2021£288,021 £2,259 19
2020£231,200 £2,102 5
2019£250,500 £1,929 9
2018£225,941 £1,812 17
2017£198,034 £1,507 13
2016£210,122 £1,789 16
2015£197,328 £1,686 18
2014£187,615 £1,389 13
2013£173,129 £1,767 7
2012£176,429 £1,516 7
2011£168,818 £1,525 11
2010£186,516 £1,547 6
2009£204,463 £1,388 11
2008£208,556 £1,573 8
2007£192,641 £1,574 14
2006£201,171 £1,674 14
2005£181,103 £1,378 16
2004£169,500 £1,387 28
2003£122,125 £1,063 27
2002£98,369 £812 25
2001£85,392 £730 28
2000£81,375 £751 15
1999£65,564 £687 18
1998£64,156 £580 17
1997£82,408 £662 6
1996£55,000 £616 2
1995£64,780 £836 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£87,582 £1,304 3
2023£88,750 £1,410 4
2022£139,995 £1,928 10
2021£87,714 £1,180 7
2020£112,750 £1,397 4
2019£70,188 £1,070 8
2018£86,000 £1,227 7
2017£68,250 £1,007 2
2016£69,779 £826 7
2015£71,250 £928 4
2014£56,375 £730 2
2011£89,200 £912 5
2010£109,988 £1,331 4
2009£55,250 £667 2
2008£89,111 £1,310 9
2007£122,006 £1,305 8
2006£92,494 £1,068 8
2005£102,562 £1,183 8
2004£97,139 £920 12
2003£48,890 £515 10
2002£40,129 £338 7
2001£37,704 £487 12
2000£34,208 £384 12
1999£43,910 £513 5
1998£42,090 £459 10
1997£27,115 £350 10
1996£23,042 £303 6
1995£19,950 £274 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,500 £2,409 2
2023£223,000 £3,050 6
2022£217,000 £2,027 6
2021£203,996 £2,426 13
2020£186,000 £2,038 5
2019£153,500 £1,969 9
2018£181,111 £1,766 9
2017£133,429 £1,781 7
2016£120,944 £1,507 9
2015£148,679 £1,549 7
2014£120,444 £1,518 9
2013£128,806 £1,610 8
2012£122,583 £1,642 6
2011£116,917 £1,452 6
2008£159,625 £2,276 4
2007£142,809 £1,643 11
2006£146,556 £1,907 8
2005£136,654 £1,835 13
2004£120,661 £1,435 20
2003£96,611 £1,073 17
2002£69,582 £884 18
2001£62,092 £807 13
2000£56,853 £624 12
1999£54,125 £598 14
1998£44,450 £597 11
1997£53,966 £550 9
1996£47,412 £591 12
1995£48,375 £417 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£70,0001
2022£185,0002
2021£275,475 £10 2
2020£950 £10 1
2019£102,625 £871 4
2018£205,000 £1,382 4
2017£246,250 £1,242 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£78,000 £1,164 1

House Type in OL13 8QD area

The most common house types in the OL13 8QD postcode area are Terraced (56), Detached (47), and Semi-detached (24).

Total129
Terraced56
Detached47
Semi-detached24
Shared house1
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright61
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency14
Private rented: Other private rented6
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the OL13 8QD have 2 people in household (40), and 1 person in household (36).

2 people in household40
1 person in household36
4 people in household24
3 people in household21
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0