2, First Terrace
2, First Terrace
Description & Estimates
According to the public record, 2, First Terrace, Morecambe is a period house with 1,496 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 2, First Terrace, Morecambe is £313,155 and the estimated rental value is £996 per month.
First Terrace, Sunderland Point, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
Our Data Sources
2, First Terrace, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 2, First Terrace, Morecambe is in very good condition we estimate a sale value of £328,812 and a rental value of £1,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,234 and a rental value of £926 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, First Terrace, Morecambe has decreased by £1,316 (0.4%), while its estimated rental value has grown by £33 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Energy Efficiency
2, First Terrace, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Nov 2023.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, First Terrace, Morecambe within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 21, Pennine View, Lancaster, LA2 0AS, a freehold house which sold for £282,755 on the 6th February 2025.
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
First Terrace, Sunderland Point, Morecambe, LA3 has a total of 14 addresses. According to our analysis of all the public data, 2, First Terrace, Morecambe is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in LA3.
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Schools Nearby
- 1.7kmThurnham Glasson Christ Church, Church of England Primary School
- 2.4kmOverton St Helen's Church of England Primary School
- 4.5kmTrumacar Nursery and Community Primary School
- 6.7kmRipley St Thomas Church of England Academy
- 7.0kmBay Leadership Academy
- 7.2kmLancaster Girls' Grammar School
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Public Transport Nearby
The closest station to 2, First Terrace, Morecambe is Heysham Port station, which is 4.7 kilometres away.
- 4.7kmHeysham Port
- 7.2kmLancaster
- 8.1kmMorecambe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be high.
