Southgate, Morecambe
Southgate, Morecambe
Description & Estimates
According to the public record, Southgate, Morecambe is a mid-century freehold house with 1,765 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Southgate, Morecambe is £582,491 and the estimated rental value is £1,535 per month.
Barrows Lane, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
Our Data Sources
Southgate, Morecambe has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Southgate, Morecambe is in very good condition we estimate a sale value of £611,616 and a rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,717 and a rental value of £1,427 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Southgate, Morecambe has dropped by £2,447 (0.4%), while its estimated rental value has risen by £50 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 3.2%.
Energy Efficiency
Southgate, Morecambe has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Southgate, Morecambe was last sold on 18th February 2016 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2016, the market for similar properties has risen by 19.7%.
- Sold Feb 2016£400,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Southgate, Morecambe within a radius of 880 metres over the last 2 years.
The most recent example is 14, Longlands Lane, Morecambe, LA3 2NS, a freehold house which sold for £490,000 on the 29th June 2021.
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
Barrows Lane, Heysham, Morecambe, LA3 has a total of 16 addresses. According to our analysis of all the public data, Southgate, Morecambe is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £390k more expensive than the average property in LA3.
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Schools Nearby
- 400mHeysham St Peter's Church of England Primary School
- 1.0kmTrumacar Nursery and Community Primary School
- 1.3kmMossgate Primary School
- 2.4kmBay Leadership Academy
- 4.9kmMorecambe Bay Academy
- 6.5kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
The closest station to Southgate, Morecambe is Heysham Port station, which is 1.3 kilometres away.
- 1.3kmHeysham Port
- 3.7kmMorecambe
- 5.6kmBare Lane
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.
