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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, 242, Lancaster Road, Morecambe is a period freehold house with 1,001 ft2 of internal area and sits on a 356 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 242, Lancaster Road, Morecambe is £216,068 and the estimated rental value is £976 per month.
Lancaster Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
242, Lancaster Road, Morecambe has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated February 2022.
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.
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 242, Lancaster Road, Morecambe is in very good condition we estimate a sale value of £226,871 and a rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,943 and a rental value of £908 per month.
Over the last 12 months the sale value of 242 Lancaster Road Morecambe has increased by an estimated £635 (0.3%) and its rental value has increased by an estimated £34 per month (3.5%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 242, Lancaster Road, Morecambe sits on a plot of 356m2.
We have plot size data on 23 out of 24 other houses in the postcode and 242, Lancaster Road, Morecambe sits on the 13th largest plot.
242, Lancaster Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 242, Lancaster Road, Morecambe was last sold on 25th July 2022 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242, Lancaster Road, Morecambe within a radius of 540 metres over the last 2 years.
The most recent example is 262, Lancaster Road, Morecambe, LA4 5TW, a freehold house which sold for £203,000 on the 7th June 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, Morecambe, LA4 has a total of 281 addresses. According to our analysis of all the public data, 242, Lancaster Road, Morecambe is the 148th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in LA4.
The closest station to 242, Lancaster Road, Morecambe is Bare Lane station which is 1.0 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 242, Lancaster Road, Morecambe, 54.7% of property is privately owned outright and 37.5% 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 242, Lancaster Road, Morecambe, 16.0% of residents are recorded as possessing school level qualifications and 31.9% 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 242, Lancaster Road, 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 242, Lancaster Road, Morecambe, 0.3% 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 242, Lancaster 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.
