125A, Regent Road
125A, Regent Road
Description & Estimates
Public records show 125A, Regent Road, Morecambe to be a period leasehold apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
125A, Regent Road, Morecambe has an estimated sale value of £82,616 and an estimated rental value of £595 per month, assuming reasonable condition and based on the information available.
The apartment sits within 125, Regent Road, Morecambe, LA3.
Regent Road, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
125A, Regent Road, Morecambe has 41 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated August 2020.
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
In very good condition, we estimate 125A, Regent Road, Morecambe would be worth £86,746, with a potential rental value of £625 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £76,833, with a rental value of £553 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 125A, Regent Road, Morecambe has fallen by £119 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £21 (3.5%). The property's estimated gross yield is currently 8.6%.
Energy Efficiency
125A, Regent Road, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
125A, Regent Road, Morecambe last changed hands on 28th October 2021, selling for £73,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 18.5% since October 2021.
- Sold Oct 2021£73,000
- Sold Mar 2007£77,500
- Sold Dec 2002£38,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 125A, Regent Road, Morecambe across the last 2 years.
Most recently, Flat 3, 156, Westminster Road, Morecambe, LA3 1SH, a leasehold flat, sold at £38,000 on the 26th May 2023.
Read more about house prices in LA3.
- Sold May 2023£38,000 | 2 Bed Flat156, Westminster RoadFlat 3, 156, Westminster Road, Morecambe, LA3 1SH
- Sold May 2023£40,000 | 2 Bed Flat156, Westminster RoadFlat 5, 156, Westminster Road, Morecambe, LA3 1SH
- Sold May 2023£36,500 | 2 Bed Flat156, Westminster RoadFlat 1, 156, Westminster Road, Morecambe, LA3 1SH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 125A, Regent Road, Morecambe as the 87th largest and the 96th most expensive of the 136 addresses on Regent Road, Morecambe, LA3.
Against the LA3 postcode district average, it is £110k less expensive than the typical property.
More reading links
Schools Nearby
- 400mWest End Primary School
- 700mMorecambe and Heysham Sandylands Community Primary School
- 800mMorecambe and Heysham Westgate Primary School
- 400mBay Leadership Academy
- 2.1kmMorecambe Bay Academy
- 4.7kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 125A, Regent Road, Morecambe at 1.0 kilometres away.
- 1.0kmMorecambe
- 2.9kmBare Lane
- 4.1kmHeysham Port
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
