4, First Terrace
4, First Terrace
Description & Estimates
4, First Terrace, Morecambe is recorded publicly as a period freehold house across 893 ft2 of internal area, sitting on a 318 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, First Terrace, Morecambe is £230,383 and its rental estimate is £922 per month, given the available information and assuming reasonable condition.
First Terrace, Sunderland Point, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
4, First Terrace, Morecambe has a single entry in the Land Registry from January 2012 and a single entry in the EPC database dated November 2024.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, First Terrace, Morecambe, we estimate a market value of £241,903 and a rental value of £968 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,257 and £857 per month respectively.
Recent Market Change
Over the last year, 4, First Terrace, Morecambe has seen its estimated sale value drop by £858 (0.4%) and its estimated rental value rise by £30 per month (3.3%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 4, First Terrace, Morecambe as measuring 318 m2.
That makes it the 4th largest plot in the postcode, where 9 of the 14 other houses have recorded plot data.
Energy Efficiency
4, First Terrace, Morecambe has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 27 Nov 2024.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 4, First Terrace, Morecambe completed on 25th January 2012 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 51.0% over the period since January 2012.
- Sold Jan 2012£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, First Terrace, Morecambe have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2024, was 3 Cotton Tree Barn, Second Terrace, Morecambe, LA3 3HT, a freehold house which sold for £245,000.
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
Of the 14 addresses on First Terrace, Sunderland Point, Morecambe, LA3, 4, First Terrace, Morecambe comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 1.7kmThurnham Glasson Christ Church, Church of England Primary School
- 2.4kmOverton St Helen's Church of England Primary School
- 4.5kmTrumacar Nursery and Community Primary School
- 6.7kmRipley St Thomas Church of England Academy
- 7.0kmBay Leadership Academy
- 7.2kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
From 4, First Terrace, Morecambe, the nearest station is Heysham Port, 4.7 kilometres away.
- 4.7kmHeysham Port
- 7.2kmLancaster
- 8.1kmMorecambe
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
