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According to the public record, 3, Union Street, Morecambe is a period freehold house with 721 ft2 of internal area and sits on a 63.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Union Street, Morecambe is £127,858 and the estimated rental value is £806 per month.
Union Street, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
3, Union Street, Morecambe has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property 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 3, Union Street, Morecambe is in very good condition we estimate a sale value of £134,251 and a rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,908 and a rental value of £750 per month.
Over the last 12 months the sale value of 3 Union Street Morecambe has decreased by an estimated £476 (0.4%) and its rental value has increased by an estimated £27 per month (3.3%), giving an expected gross yield of 7.6%.
According to data from HM Land Registry, 3, Union Street, Morecambe sits on a plot of 64m2.
We have plot size data on 5 out of 5 other houses in the postcode and 3, Union Street, Morecambe sits on the 4th largest plot.
3, Union Street, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Union Street, Morecambe was last sold on 25th March 2024 for £123,400 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has risen 57.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Union Street, Morecambe within a radius of 540 metres over the last 2 years.
The most recent example is 35, Victoria Street, Morecambe, LA4 4AF, a freehold house which sold for £150,000 on the 30th October 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Street, Morecambe, LA4 has a total of 9 addresses. According to our analysis of all the public data, 3, Union Street, Morecambe is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in LA4.
The closest station to 3, Union Street, Morecambe is Morecambe station which is 200 metres 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 3, Union Street, Morecambe, 57.9% of property is privately rented and 23.6% 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, Union Street, Morecambe, 12.5% of residents are recorded as possessing school level qualifications and 22.5% 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, Union Street, Morecambe, the average age was 40.4 and the most common age was 37.
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, Union Street, Morecambe, 0.7% 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, Union Street, Morecambe, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.