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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, 3, Morecambe Road, Morecambe is a early-century freehold house with 2,583 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Morecambe Road, Morecambe is £468,729 and the estimated rental value is £1,481 per month.
Morecambe Road, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
3, Morecambe Road, Morecambe has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated March 2024.
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 3, Morecambe Road, Morecambe is in very good condition we estimate a sale value of £492,166 and a rental value of £1,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,918 and a rental value of £1,378 per month.
Over the last 12 months the sale value of 3 Morecambe Road Morecambe has decreased by an estimated £2,224 (0.5%) and its rental value has increased by an estimated £39 per month (2.7%), giving an expected gross yield of 3.8%.
3, Morecambe Road, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Morecambe Road, Morecambe was last sold on 30th October 2024 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 580 metres radius of 3, Morecambe Road, Morecambe over the last 2 years.
The most recent example is 2, Westgate, Morecambe, LA3 3LN, a freehold house which sold for £212,000 on the 18th August 2017.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morecambe Road, Morecambe, LA3 has a total of 82 addresses. According to our analysis of all the public data, 3, Morecambe Road, Morecambe is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £275k more expensive than the average property in LA3.
The closest station to 3, Morecambe Road, Morecambe is Bare Lane station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 3, Morecambe Road, Morecambe, 48.5% of property is privately owned with a mortgage and 39.6% 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 3, Morecambe Road, Morecambe, 17.9% of residents are recorded as possessing school level qualifications and 30.0% 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 3, Morecambe 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 3, Morecambe 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 3, Morecambe Road, Morecambe, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
