131, Fairfield Road
131, Fairfield Road
Description & Estimates
Public records show 131, Fairfield Road, Morecambe to be a mid-century freehold house with 678 ft2 of internal area, sitting on a 389 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
131, Fairfield Road, Morecambe has an estimated sale value of £188,504 and an estimated rental value of £909 per month, assuming reasonable condition and based on the information available.
Fairfield Road, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
131, Fairfield Road, Morecambe has 41 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 131, Fairfield Road, Morecambe would be worth £197,929, with a potential rental value of £954 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £175,309, with a rental value of £845 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 131, Fairfield Road, Morecambe has decreased by £702 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £30 (3.3%). The property's estimated gross yield is currently 5.8%.
Plot Size
131, Fairfield Road, Morecambe occupies a 389 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
131, Fairfield Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
131, Fairfield Road, Morecambe last changed hands on 10th May 2019, selling for £136,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 14.7% since May 2019.
- Sold May 2019£136,000
- Sold Mar 2018£90,000
- Sold Mar 2007£133,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 131, Fairfield Road, Morecambe across the last 2 years.
Most recently, 14, Levens Drive, Morecambe, LA3 1JJ, a freehold house, sold at £172,000 on the 17th October 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 131, Fairfield Road, Morecambe as the 124th largest and the 71st most expensive of the 135 addresses on Fairfield Road, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £4k less expensive than the typical property.
More reading links
Schools Nearby
- 500mMorecambe and Heysham Sandylands Community Primary School
- 700mMossgate Primary School
- 900mSt Patrick's Catholic Primary School
- 600mBay Leadership Academy
- 3.1kmMorecambe Bay Academy
- 5.5kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 131, Fairfield Road, Morecambe at 1.8 kilometres away.
- 1.8kmMorecambe
- 3.2kmHeysham Port
- 3.8kmBare Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
