3, Oakley Road
3, Oakley Road
Description & Estimates
Public records show 3, Oakley Road, Morecambe to be a period freehold house with 1,485 ft2 of internal area, sitting on a 141 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Oakley Road, Morecambe has an estimated sale value of £249,188 and an estimated rental value of £1,005 per month, assuming reasonable condition and based on the information available.
Oakley Road, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
3, Oakley Road, Morecambe has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Oakley Road, Morecambe would be worth £261,647, with a potential rental value of £1,055 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £231,744, with a rental value of £934 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Oakley Road, Morecambe has fallen by £1,047 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £33 (3.3%). The property's estimated gross yield is currently 4.8%.
Plot Size
3, Oakley Road, Morecambe occupies a 141 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
3, Oakley Road, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Oakley Road, Morecambe last changed hands on 12th August 2022, selling for £305,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 3.0% since August 2022.
- Sold Aug 2022£305,000
- Sold Mar 1998£53,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 3, Oakley Road, Morecambe across the last 2 years.
Most recently, 13, Oakley Road, Morecambe, LA3 1NR, a freehold house, sold at £200,000 on the 27th September 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Oakley Road, Morecambe as the 5th largest and the 3rd most expensive of the 12 addresses on Oakley Road, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £57k more expensive than the typical property.
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Schools Nearby
- 600mMorecambe and Heysham Sandylands Community Primary School
- 900mMossgate Primary School
- 1.0kmWest End Primary School
- 800mBay Leadership Academy
- 3.2kmMorecambe Bay Academy
- 5.8kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 3, Oakley Road, Morecambe at 1.9 kilometres away.
- 1.9kmMorecambe
- 3.2kmHeysham Port
- 4.0kmBare Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
