21, Sugham Lane
21, Sugham Lane
Description & Estimates
Public records show 21, Sugham Lane, Morecambe to be a mid-century leasehold apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
21, Sugham Lane, Morecambe has an estimated sale value of £117,884 and an estimated rental value of £664 per month, assuming reasonable condition and based on the information available.
The apartment sits within 21, Sugham Lane, Heysham, Morecambe, LA3.
Sugham Lane, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
21, Sugham Lane, Morecambe has 21 entries in the Land Registry , most recently in June 2011 and a single entry in the EPC database dated November 2016.
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.
Price Range & Condition
In very good condition, we estimate 21, Sugham Lane, Morecambe would be worth £123,778, with a potential rental value of £697 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,632, with a rental value of £617 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 21, Sugham Lane, Morecambe has dropped by £169 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (3.5%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
21, Sugham Lane, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
21, Sugham Lane, Morecambe last changed hands on 16th June 2011, selling for £55,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 27.7% since June 2011.
- Sold Jun 2011£55,000
- Sold Sep 2004£64,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 21, Sugham Lane, Morecambe across the last 2 years.
Most recently, 18, Ridge Grove, Morecambe, LA3 2JN, a leasehold flat, sold at £105,000 on the 28th October 2022.
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
Our analysis of the public data ranks 21, Sugham Lane, Morecambe as the 20th largest and the 20th most expensive of the 28 addresses on Sugham Lane, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £74k less expensive than the typical property.
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Schools Nearby
- 200mMossgate Primary School
- 400mSt Patrick's Catholic Primary School
- 700mHeysham St Peter's Church of England Primary School
- 1.4kmBay Leadership Academy
- 3.9kmMorecambe Bay Academy
- 5.6kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
Heysham Port station is the nearest stop to 21, Sugham Lane, Morecambe at 2.3 kilometres away.
- 2.3kmHeysham Port
- 2.7kmMorecambe
- 4.6kmBare Lane
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.
