2, Hornby Terrace
2, Hornby Terrace
Description & Estimates
Public records show 2, Hornby Terrace, Morecambe to be a period freehold house with 1,569 ft2 of internal area, sitting on a 203 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Hornby Terrace, Morecambe has an estimated sale value of £208,997 and an estimated rental value of £940 per month, assuming reasonable condition and based on the information available.
Hornby Terrace, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
2, Hornby Terrace, Morecambe has 51 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated February 2020.
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 2, Hornby Terrace, Morecambe would be worth £219,447, with a potential rental value of £987 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,367, with a rental value of £874 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 2, Hornby Terrace, Morecambe has fallen by £878 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £31 (3.3%). The property's estimated gross yield is currently 5.4%.
Plot Size
2, Hornby Terrace, Morecambe occupies a 203 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 21st largest.
Energy Efficiency
2, Hornby Terrace, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Hornby Terrace, Morecambe last changed hands on 20th December 2019, selling for £125,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 57.4% since December 2019.
- Sold Dec 2019£125,000
- Sold Feb 2011£125,000
- Sold Apr 2004£67,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 2, Hornby Terrace, Morecambe across the last 2 years.
Most recently, 7, Hornby Terrace, Morecambe, LA4 5QB, a freehold house, sold at £100,000 on the 2nd October 2024.
Read more about house prices in LA4.
•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 2, Hornby Terrace, Morecambe as the 11th largest and the 15th most expensive of the 33 addresses on Hornby Terrace, Morecambe, LA4.
Against the LA4 postcode district average, it is £17k more expensive than the typical property.
More reading links
Schools Nearby
- 200mPoulton-le-Sands Church of England Primary School
- 300mSt Mary's Catholic Primary School, Morecambe
- 500mMorecambe Bay Community Primary School
- 400mMorecambe Bay Academy
- 2.3kmBay Leadership Academy
- 4.3kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 2, Hornby Terrace, Morecambe at 1.0 kilometres away.
- 1.0kmMorecambe
- 1.4kmBare Lane
- 4.4kmLancaster
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.
