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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, The Way, Morecambe is a early-century apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Way, Morecambe is £130,058 and the estimated rental value is £632 per month.
The Way, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
2, The Way, Morecambe has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data of neighbouring properties to estimate the property 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, The Way, Morecambe is in very good condition we estimate a sale value of £136,561 and a rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,954 and a rental value of £588 per month.
Over the last 12 months the sale value of 2 The Way Morecambe has increased by an estimated £1,560 (1.2%) and its rental value has increased by an estimated £26 per month (4.0%), giving an expected gross yield of 5.8%.
2, The Way, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2024.
The property is connected to mains gas and has multiple glazing throughout. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, The Way, Morecambe was last sold on 11th July 2003 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Way, Morecambe within a radius of 690 metres over the last 2 years.
The most recent example is 46A, Morecambe Road, Morecambe, LA3 3AD, a leasehold flat which sold for £164,995 on the 19th May 2025.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Way, Morecambe, LA3 has a total of 3 addresses. According to our analysis of all the public data, 2, The Way, Morecambe is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in LA3.
The closest station to 2, The Way, Morecambe is Bare Lane station which is 1.4 kilometres away.
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, The Way, Morecambe, 65.0% of property is privately owned outright and 18.0% 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, The Way, Morecambe, 7.5% of residents are recorded as possessing school level qualifications and 23.6% 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, The Way, Morecambe, 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 2, The Way, Morecambe, 0.0% 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, The Way, Morecambe, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
