1 Lake Road

    1, LAKE ROAD, MORECAMBE, LA3 1AS

    This terraced freehold property on Lake Road last sold in May 2015 for £123,500. Based on price growth in the LA3 district since then, its estimated current value is £184,036 — placing it in the 20th percentile nationally and the 47th percentile within LA3. The property covers 104 m² (1,119 sq ft), giving an estimated value of £1,770 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,119 sq ft

    104 m²

    Last Sale Price

    £123,500

    May 2015

    Estimated Valuation

    £184,036

    Est. £/sq ft

    £164/sq ft

    £1,770/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,119 sq ft (104 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2015

    £123,500

    25 Jul 2007

    £121,500

    17 Oct 2003

    £40,000

    Key Metrics

    Estimated valuation£184,036
    Value per sq ft / m²£164/sq ft (£1,770/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA3 district percentile47th percentile
    National percentile20th percentile

    District Context — LA3

    LA3 covers the Lancaster area in north-west England, positioned between Morecambe Bay and the Pennines. It is a mixed market combining coastal and rural character with a diverse housing stock serving both owner-occupiers and renters.

    Average Property Price - LA3

    £203,253

    13

    National percentile

    Average Net Household Income - LA3

    £30,814

    10

    National percentile

    10-Year Annualised Price Growth - LA3

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA3

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