3, Penrith Avenue
3, Penrith Avenue
Description & Estimates
Public records show 3, Penrith Avenue, Morecambe to be an early-century freehold house with 1,711 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Penrith Avenue, Morecambe has an estimated sale value of £351,131 and an estimated rental value of £990 per month, assuming reasonable condition and based on the information available.
Penrith Avenue, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
3, Penrith Avenue, Morecambe has a single entry in the Land Registry from June 2025 and a single entry in the EPC database dated July 2024.
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, Penrith Avenue, Morecambe would be worth £368,688, with a potential rental value of £1,039 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £326,552, with a rental value of £920 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, Penrith Avenue, Morecambe has declined by £1,475 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (3.3%). The property's estimated gross yield is currently 3.4%.
Energy Efficiency
3, Penrith Avenue, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jul 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Penrith Avenue, Morecambe last changed hands on 27th June 2025, selling for £290,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.1% since June 2025.
- Sold Jun 2025£290,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 3, Penrith Avenue, Morecambe across the last 2 years.
Most recently, 21, Hillsea Avenue, Morecambe, LA3 2BU, a freehold house, sold at £375,000 on the 18th October 2023.
Read more about house prices in LA3.
- Sold Oct 2023£375,000 | 4 Bed House21, Hillsea Avenue, Morecambe, LA3 2BU21, Hillsea Avenue, Morecambe, LA3 2BU
- Sold Mar 2023£450,000 | 4 Bed House416, Heysham Road, Morecambe, LA3 2BL416, Heysham Road, Morecambe, LA3 2BL
- Sold Sep 2017£220,000 | 4 Bed House23, Hillmount Avenue, Morecambe, LA3 2DQ23, Hillmount Avenue, Morecambe, LA3 2DQ
•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, Penrith Avenue, Morecambe as the 2nd largest and the 2nd most expensive of the 16 addresses on Penrith Avenue, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £159k more expensive than the typical property.
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Schools Nearby
- 400mMossgate Primary School
- 700mSt Patrick's Catholic Primary School
- 700mHeysham St Peter's Church of England Primary School
- 1.5kmBay Leadership Academy
- 4.0kmMorecambe Bay Academy
- 5.9kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
Heysham Port station is the nearest stop to 3, Penrith Avenue, Morecambe at 2.3 kilometres away.
- 2.3kmHeysham Port
- 2.7kmMorecambe
- 4.7kmBare 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.
