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According to the public record, 243, Heysham Road, Morecambe is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 774 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 243, Heysham Road, Morecambe is £120,286 and the estimated rental value is £663 per month.
The apartment is within 243, Heysham Road, Heysham, Morecambe, LA3.
Heysham Road, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
243, Heysham Road, Morecambe has a single entry in the Land Registry from February 2007 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 1 out of 5 and is considered of low 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 243, Heysham Road, Morecambe is in very good condition we estimate a sale value of £126,300 and a rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,866 and a rental value of £617 per month.
Over the last 12 months the sale value of 243 Heysham Road Morecambe has decreased by an estimated £173 (0.1%) and its rental value has increased by an estimated £23 per month (3.5%), giving an expected gross yield of 6.6%.
According to HM Land Registry, 243, Heysham Road, Morecambe was last sold on 21st February 2007 for £75,050 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 243, Heysham Road, Morecambe within a radius of 570 metres over the last 2 years.
The most recent example is Flat 1, 77-78, Sandylands Promenade, Morecambe, LA3 1DP, a leasehold flat which sold for £117,500 on the 18th February 2025.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heysham Road, Heysham, Morecambe, LA3 has a total of 417 addresses. According to our analysis of all the public data, 243, Heysham Road, Morecambe is the 263rd largest and the 266th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in LA3.
The closest station to 243, Heysham Road, Morecambe is Morecambe station which is 1.9 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 243, Heysham Road, Morecambe, 31.4% of property is privately owned outright and 24.8% is privately rented.
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 243, Heysham Road, Morecambe, 15.3% of residents are recorded as possessing school level qualifications and 23.2% 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 243, Heysham Road, Morecambe, the average age was 38.9 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 243, Heysham Road, Morecambe, 0.8% 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 243, Heysham Road, Morecambe, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.