122b Balmoral Road

    122B, BALMORAL ROAD, MORECAMBE, LA3 1ST

    This terraced leasehold property on Balmoral Road last sold in December 2022 for £90,000. Based on price growth in the LA3 district since then, its estimated current value is £99,446 — placing it in the 4th percentile nationally and the 8th percentile within LA3. The property covers 56 m² (603 sq ft), giving an estimated value of £1,776 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £90,000

    Dec 2022

    Estimated Valuation

    £99,446

    Est. £/sq ft

    £165/sq ft

    £1,776/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateOct 2018
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    15 Dec 2022

    £90,000

    Key Metrics

    Estimated valuation£99,446
    Value per sq ft / m²£165/sq ft (£1,776/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA3 district percentile8th percentile
    National percentile4th 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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