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According to the public record, 142, Morecambe Road, Lancaster is a early-century freehold house with 1,571 ft2 of internal area and sits on a 577 m2 plot.
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 142, Morecambe Road, Lancaster is £360,042 and the estimated rental value is £975 per month.
Morecambe Road, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
142, Morecambe Road, Lancaster has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 142, Morecambe Road, Lancaster is in very good condition we estimate a sale value of £378,044 and a rental value of £1,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,839 and a rental value of £907 per month.
Over the last 12 months the sale value of 142 Morecambe Road Lancaster has decreased by an estimated £1,686 (0.5%) and its rental value has increased by an estimated £30 per month (3.1%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 142, Morecambe Road, Lancaster sits on a plot of 577m2.
We have plot size data on 23 out of 25 other houses in the postcode and 142, Morecambe Road, Lancaster sits on the 2nd largest plot.
142, Morecambe Road, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 142, Morecambe Road, Lancaster was last sold on 27th February 2015 for £161,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2015, the market for similar properties has risen 47.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 142, Morecambe Road, Lancaster within a radius of 700 metres over the last 2 years.
The most recent example is 136, Morecambe Road, Lancaster, LA1 5HY, a freehold house which sold for £282,500 on the 15th September 2023.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morecambe Road, Lancaster, LA1 has a total of 75 addresses. According to our analysis of all the public data, 142, Morecambe Road, Lancaster is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £115k more expensive than the average property in LA1.
The closest station to 142, Morecambe Road, Lancaster is Lancaster station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 142, Morecambe Road, Lancaster, 47.7% of property is privately owned with a mortgage and 37.1% 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 142, Morecambe Road, Lancaster, 20.1% of residents are recorded as possessing school level qualifications and 29.0% 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 142, Morecambe Road, Lancaster, the average age was 43.1 and the most common age was 52.
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 142, Morecambe Road, Lancaster, 0.6% 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 142, Morecambe Road, Lancaster, 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.