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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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The public record lists 340, Marine Road Central, Morecambe as a freehold house sitting on a 316 m2 plot.
Comparison with its neighbours suggests a period house with 1,064 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
340, Marine Road Central, Morecambe has an estimated sale value of £277,109 and an estimated rental value of £920 per month, assuming reasonable condition and based on the information available.
Marine Road Central, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
340, Marine Road Central, Morecambe has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 340, Marine Road Central, Morecambe would be worth £290,964, with a potential rental value of £966 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £257,711, with a rental value of £856 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 340, Marine Road Central, Morecambe has declined by £1,032 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.3%). The property's estimated gross yield is currently 4.0%.
340, Marine Road Central, Morecambe occupies a 316 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 4th largest.
340, Marine Road Central, Morecambe last changed hands on 16th April 2008, selling for £150,000. 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 risen by 112.1% since April 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 340, Marine Road Central, Morecambe across the last 2 years.
Most recently, 30, Victoria Parade, Morecambe, LA4 5NZ, a freehold house, sold at £315,000 on the 27th October 2023.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 340, Marine Road Central, Morecambe as the 29th largest and the 16th most expensive of the 88 addresses on Marine Road Central, Morecambe, LA4.
Against the LA4 postcode district average, it is £85k more expensive than the typical property.
Morecambe station is the nearest stop to 340, Marine Road Central, Morecambe at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 340, Marine Road Central, Morecambe, 36.6% of property is privately owned outright and 36.6% is privately rented.
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 340, Marine Road Central, Morecambe, 19.1% of residents are recorded as possessing school level qualifications and 26.1% 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 340, Marine Road Central, 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 340, Marine Road Central, Morecambe, 1.1% 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 340, Marine Road Central, Morecambe, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
