427, Heysham Road
427, Heysham Road
Description & Estimates
427, Heysham Road, Morecambe is recorded publicly as a period freehold house across 1,883 ft2 of internal area, sitting on a 650 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 427, Heysham Road, Morecambe is £419,352 and its rental estimate is £1,135 per month, given the available information and assuming reasonable condition.
Heysham Road, Heysham, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
427, Heysham Road, Morecambe has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 427, Heysham Road, Morecambe, we estimate a market value of £440,319 and a rental value of £1,191 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,997 and £1,055 per month respectively.
Recent Market Change
Over the last year, 427, Heysham Road, Morecambe has seen its estimated sale value decline by £3,622 (0.9%) and its estimated rental value climb by £31 per month (2.7%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 427, Heysham Road, Morecambe as measuring 650 m2.
That makes it the 5th largest plot in the postcode, where 12 of the 14 other houses have recorded plot data.
Energy Efficiency
427, Heysham Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 427, Heysham Road, Morecambe completed on 13th December 2021 at £365,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 18.7% over the period since December 2021.
- Sold Dec 2021£365,000
- Sold Aug 1999£110,000
- Sold Apr 1995£89,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 427, Heysham Road, Morecambe have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 1, Fellside View, Morecambe, LA3 2JZ, a freehold house which sold for £395,000.
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 417 addresses on Heysham Road, Heysham, Morecambe, LA3, 427, Heysham Road, Morecambe comes out as the 60th largest and the 20th most expensive in our analysis of the public data.
It is also £227k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 300mHeysham St Peter's Church of England Primary School
- 700mMossgate Primary School
- 700mSt Patrick's Catholic Primary School
- 1.8kmBay Leadership Academy
- 4.3kmMorecambe Bay Academy
- 5.8kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
From 427, Heysham Road, Morecambe, the nearest station is Heysham Port, 1.9 kilometres away.
- 1.9kmHeysham Port
- 3.1kmMorecambe
- 5.0kmBare Lane
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
