2 Ermine Place

    2, ERMINE PLACE, MORECAMBE, LA3 3BU

    This detached freehold property on Ermine Place last sold in April 2021 for £280,000. Based on price growth in the LA3 district since then, its estimated current value is £310,615 — placing it in the 51st percentile nationally and the 90th percentile within LA3. The property covers 123 m² (1,324 sq ft), giving an estimated value of £2,525 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £280,000

    Apr 2021

    Estimated Valuation

    £310,615

    Est. £/sq ft

    £235/sq ft

    £2,525/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,324 sq ft (123 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Apr 2021

    £280,000

    12 Nov 1999

    New build

    £84,500

    Key Metrics

    Estimated valuation£310,615
    Value per sq ft / m²£235/sq ft (£2,525/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA3 district percentile90th percentile
    National percentile51st 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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