242, Marine Road Central
242, Marine Road Central
Description & Estimates
According to the public record, 242, Marine Road Central, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 821 ft2 of internal area 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 242, Marine Road Central, Morecambe is £108,574 and the estimated rental value is £661 per month.
Marine Road Central, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Our Data Sources
242, Marine Road Central, Morecambe has a single entry in the Land Registry from August 2011 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Marine Road Central, Morecambe is in very good condition we estimate a sale value of £114,003 and a rental value of £694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,974 and a rental value of £615 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 242, Marine Road Central, Morecambe has declined by £404 (0.4%), while its estimated rental value has climbed by £22 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Sold Prices
According to HM Land Registry, 242, Marine Road Central, Morecambe was last sold on 26th August 2011 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2011, the market for similar properties has risen by 138.9%.
- Sold Aug 2011£100,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242, Marine Road Central, Morecambe within a radius of 580 metres over the last 2 years.
The most recent example is 35, Victoria Street, Morecambe, LA4 4AF, a freehold house which sold for £150,000 on the 30th 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
Marine Road Central, Morecambe, LA4 has a total of 88 addresses. According to our analysis of all the public data, 242, Marine Road Central, Morecambe is the 39th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in LA4.
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Schools Nearby
- 400mMorecambe Bay Community Primary School
- 600mPoulton-le-Sands Church of England Primary School
- 900mSt Mary's Catholic Primary School, Morecambe
- 1.2kmMorecambe Bay Academy
- 1.6kmBay Leadership Academy
- 4.7kmOur Lady's Catholic College
More reading links
Public Transport Nearby
The closest station to 242, Marine Road Central, Morecambe is Morecambe station, which is 300 metres away.
- 300mMorecambe
- 2.1kmBare Lane
- 4.7kmLancaster
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
