62, Lancaster Road
62, Lancaster Road
Description & Estimates
62, Lancaster Road, Morecambe is recorded publicly as a mid-century freehold house across 1,313 ft2 of internal area, sitting on a 666 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 62, Lancaster Road, Morecambe is £220,419 and its rental estimate is £1,024 per month, given the available information and assuming reasonable condition.
Lancaster Road, Overton, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
62, Lancaster Road, Morecambe has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 62, Lancaster Road, Morecambe, we estimate a market value of £231,440 and a rental value of £1,075 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,990 and £952 per month respectively.
Recent Market Change
Over the last year, 62, Lancaster Road, Morecambe has seen its estimated sale value fall by £926 (0.4%) and its estimated rental value move up by £34 per month (3.3%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 62, Lancaster Road, Morecambe as measuring 666 m2.
That makes it the 13th largest plot in the postcode, where 30 of the 66 other houses have recorded plot data.
Energy Efficiency
62, Lancaster Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2013.
The property is not 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 62, Lancaster Road, Morecambe completed on 3rd June 2016 at £230,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.2% over the period since June 2016.
- Sold Jun 2016£230,000
- Sold May 2001£62,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62, Lancaster Road, Morecambe have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 10, Kevin Grove, Morecambe, LA3 3HA, a freehold house which sold for £240,000.
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 74 addresses on Lancaster Road, Overton, Morecambe, LA3, 62, Lancaster Road, Morecambe comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 200mOverton St Helen's Church of England Primary School
- 2.6kmThurnham Glasson Christ Church, Church of England Primary School
- 3.2kmTrumacar Nursery and Community Primary School
- 4.4kmRipley St Thomas Church of England Academy
- 4.8kmLancaster Girls' Grammar School
- 4.9kmBay Leadership Academy
More reading links
Public Transport Nearby
From 62, Lancaster Road, Morecambe, the nearest station is Heysham Port, 3.9 kilometres away.
- 3.9kmHeysham Port
- 4.8kmLancaster
- 5.9kmMorecambe
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 low, based on Environment Agency data.
