Flat 3, 344
Flat 3, 344
Description & Estimates
According to the public record, Flat 3, 344, Marine Road Central, Morecambe is a period leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 344, Marine Road Central, Morecambe is £272,501 and the estimated rental value is £1,052 per month.
The apartment is within 344, Marine Road Central, Morecambe, LA4.
Marine Road Central, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Our Data Sources
Flat 3, 344, Marine Road Central, Morecambe has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated December 2008.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, 344, Marine Road Central, Morecambe is in very good condition we estimate a sale value of £286,126 and a rental value of £1,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,425 and a rental value of £979 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 344, Marine Road Central, Morecambe has grown by £35 (0.0%), while its estimated rental value has climbed by £37 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
Flat 3, 344, Marine Road Central, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, 344, Marine Road Central, Morecambe was last sold on 14th March 2016 for £172,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen by 99.2%.
- Sold Mar 2016£172,500
- Sold Feb 2009£160,000
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 570 metres of Flat 3, 344, Marine Road Central, Morecambe over the last 2 years.
The most recent example is Flat 2, 344, Marine Road Central, Morecambe, LA4 5AB, a leasehold flat which sold for £250,000 on the 23rd October 2023.
Read more about house prices in LA4.
- Sold Oct 2023£250,000 | 2 Bed Flat344, Marine Road CentralFlat 2, 344, Marine Road Central, Morecambe, LA4 5AB
- Sold Sep 2023£120,000 | 2 Bed Flat344, Marine Road CentralFlat 1, 344, Marine Road Central, Morecambe, LA4 5AB
- Sold Nov 2020£101,250 | 2 Bed Flat1, Lord StreetFlat 1, 1, Lord Street, Morecambe, LA4 5HX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Marine Road Central, Morecambe, LA4 has a total of 88 addresses. According to our analysis of all the public data, Flat 3, 344, Marine Road Central, Morecambe is the 27th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in LA4.
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
The closest station to Flat 3, 344, Marine Road Central, Morecambe is Morecambe station, which is 800 metres away.
- 800mMorecambe
- 1.6kmBare Lane
- 4.6kmLancaster
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
