Flat 1, 344
Flat 1, 344
Description & Estimates
Public records show Flat 1, 344, Marine Road Central, Morecambe to be a period leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 344, Marine Road Central, Morecambe has an estimated sale value of £165,140 and an estimated rental value of £870 per month, assuming reasonable condition and based on the information available.
The apartment sits within 344, Marine Road Central, Morecambe, LA4.
Marine Road Central, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
Flat 1, 344, Marine Road Central, Morecambe has a single entry in the Land Registry from April 2009 and a single entry in the EPC database dated May 2019.
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 Flat 1, 344, Marine Road Central, Morecambe would be worth £173,397, with a potential rental value of £913 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £153,580, with a rental value of £809 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 Flat 1, 344, Marine Road Central, Morecambe has increased by £1,179 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £38 (4.4%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
Flat 1, 344, Marine Road Central, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 344, Marine Road Central, Morecambe last changed hands on 3rd April 2009, selling for £90,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 75.9% since April 2009.
- Sold Apr 2009£90,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 570 metres of Flat 1, 344, Marine Road Central, Morecambe across the last 2 years.
Most recently, Flat 2, 344, Marine Road Central, Morecambe, LA4 5AB, a leasehold flat, sold at £250,000 on the 23rd October 2023.
Read more about house prices in LA4.
- Sold Oct 2023£250,000 | 2 Bed FlatFlat 2, 344, Marine Road Central, Morecambe, LA4 5ABFlat 2, 344, Marine Road Central, Morecambe, LA4 5AB
- Sold Nov 2020£101,250 | 2 Bed FlatFlat 1, 1, Lord Street, Morecambe, LA4 5HXFlat 1, 1, Lord Street, Morecambe, LA4 5HX
- Sold Mar 2016£172,500 | 3 Bed FlatFlat 3, 344, Marine Road Central, Morecambe, LA4 5ABFlat 3, 344, Marine Road Central, Morecambe, LA4 5AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 344, Marine Road Central, Morecambe as the 76th largest and the 33rd most expensive of the 88 addresses on Marine Road Central, Morecambe, LA4.
Against the LA4 postcode district average, it is £27k less expensive than the typical property.
More reading links
Schools Nearby
- 200mPoulton-le-Sands Church of England Primary School
- 400mMorecambe Bay Community Primary School
- 600mSt Mary's Catholic Primary School, Morecambe
- 700mMorecambe Bay Academy
- 2.1kmBay Leadership Academy
- 4.5kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to Flat 1, 344, Marine Road Central, Morecambe at 800 metres away.
- 800mMorecambe
- 1.6kmBare Lane
- 4.6kmLancaster
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.
