Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 243, Westminster Road, Morecambe is a period leasehold apartment with 548 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 243, Westminster Road, Morecambe is £115,165 and the estimated rental value is £606 per month.
The apartment is within 243, Westminster Road, Morecambe, LA3.
Westminster Road, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
243, Westminster Road, Morecambe has 21 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated April 2019.
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.
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, Westminster Road, Morecambe is in very good condition we estimate a sale value of £120,923 and a rental value of £636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,103 and a rental value of £563 per month.
Over the last 12 months the sale value of 243 Westminster Road Morecambe has increased by an estimated £1,381 (1.2%) and its rental value has increased by an estimated £25 per month (4.0%), giving an expected gross yield of 6.3%.
243, Westminster Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 243, Westminster Road, Morecambe was last sold on 17th May 2024 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 243, Westminster Road, Morecambe within a radius of 380 metres over the last 2 years.
The most recent example is Flat 9, 49-50, Sandylands Promenade, Morecambe, LA3 1DW, a leasehold flat which sold for £135,000 on the 28th June 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westminster Road, Morecambe, LA3 has a total of 186 addresses. According to our analysis of all the public data, 243, Westminster Road, Morecambe is the 162nd largest and the 141st most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in LA3.
The closest station to 243, Westminster Road, Morecambe is Morecambe station which is 1.5 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, Westminster Road, Morecambe, 46.7% of property is privately owned with a mortgage and 29.0% is privately owned outright.
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, Westminster Road, Morecambe, 24.5% of residents are recorded as possessing school level qualifications and 20.8% 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, Westminster Road, Morecambe, the average age was 41.2 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 243, Westminster 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, Westminster Road, 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.
