7, Oakley Road
7, Oakley Road
Description & Estimates
7, Oakley Road, Morecambe is recorded publicly as a period freehold house across 1,754 ft2 of internal area, sitting on a 190 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Oakley Road, Morecambe is £271,153 and its rental estimate is £1,018 per month, given the available information and assuming reasonable condition.
Oakley Road, Heysham, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
7, Oakley Road, Morecambe has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 7, Oakley Road, Morecambe, we estimate a market value of £284,711 and a rental value of £1,069 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £252,172 and £947 per month respectively.
Recent Market Change
Over the last year, 7, Oakley Road, Morecambe has seen its estimated sale value fall by £1,139 (0.4%) and its estimated rental value move up by £33 per month (3.3%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 7, Oakley Road, Morecambe as measuring 190 m2.
That makes it the 4th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
7, Oakley Road, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Aug 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Oakley Road, Morecambe completed on 27th February 2018 at £160,000 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 39.8% over the period since February 2018.
- Sold Feb 2018£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Oakley Road, Morecambe have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2025, was 27, Royds Avenue, Morecambe, LA3 1PA, 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.
More reading links
Location Comparison
Of the 12 addresses on Oakley Road, Heysham, Morecambe, LA3, 7, Oakley Road, Morecambe comes out as the largest and the most expensive in our analysis of the public data.
It is also £79k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 600mMorecambe and Heysham Sandylands Community Primary School
- 900mMossgate Primary School
- 1.0kmWest End Primary School
- 800mBay Leadership Academy
- 3.2kmMorecambe Bay Academy
- 5.8kmOur Lady's Catholic College
More reading links
Public Transport Nearby
From 7, Oakley Road, Morecambe, the nearest station is Morecambe, 1.9 kilometres away.
- 1.9kmMorecambe
- 3.2kmHeysham Port
- 4.0kmBare 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.
