2 Lake Road

    2, LAKE ROAD, MORECAMBE, MORECAMBE, LA3 1AS

    This semi-detached freehold property on Lake Road last sold in April 2005 for £70,000. Based on price growth in the LA3 district since then, its estimated current value is £117,881 — placing it in the 6th percentile nationally and the 14th percentile within LA3. The property covers 65 m² (700 sq ft), giving an estimated value of £1,814 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £70,000

    Apr 2005

    Estimated Valuation

    £117,881

    Est. £/sq ft

    £169/sq ft

    £1,814/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJul 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2005

    £70,000

    Key Metrics

    Estimated valuation£117,881
    Value per sq ft / m²£169/sq ft (£1,814/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA3 district percentile14th percentile
    National percentile6th 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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