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According to the public record, 2, School Road, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,046 ft2 of internal area and sits on a 274 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, School Road, Morecambe is £202,836 and the estimated rental value is £968 per month.
School Road, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
2, School Road, Morecambe has 31 entries in the Land Registry , most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 2, School Road, Morecambe is in very good condition we estimate a sale value of £212,978 and a rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,638 and a rental value of £900 per month.
Over the last 12 months the sale value of 2 School Road Morecambe has increased by an estimated £596 (0.3%) and its rental value has increased by an estimated £34 per month (3.5%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, School Road, Morecambe sits on a plot of 274m2.
We have plot size data on 7 out of 8 other houses in the postcode and 2, School Road, Morecambe sits on the 4th largest plot.
According to HM Land Registry, 2, School Road, Morecambe was last sold on 16th April 2018 for £146,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2018, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, School Road, Morecambe within a radius of 650 metres over the last 2 years.
The most recent example is 12, School Road, Morecambe, LA3 2RF, a freehold house which sold for £195,000 on the 2nd August 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Road, Heysham, Morecambe, LA3 has a total of 26 addresses. According to our analysis of all the public data, 2, School Road, Morecambe is the 10th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in LA3.
The closest station to 2, School Road, Morecambe is Heysham Port 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 2, School Road, Morecambe, 48.2% of property is privately owned outright and 31.1% is privately owned with a mortgage.
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 2, School Road, Morecambe, 16.4% of residents are recorded as possessing school level qualifications and 33.7% 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 2, School Road, Morecambe, the average age was 42.6 and the most common age was 57.
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 2, School Road, Morecambe, 1.6% 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 2, School Road, Morecambe, 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.