3 Ermine Place

    3, ERMINE PLACE, MORECAMBE, LA3 3BU

    This detached freehold property on Ermine Place last sold in November 2020 for £237,000. Based on price growth in the LA3 district since then, its estimated current value is £299,860 — placing it in the 49th percentile nationally and the 88th percentile within LA3. The property covers 92 m² (990 sq ft), giving an estimated value of £3,259 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £237,000

    Nov 2020

    Estimated Valuation

    £299,860

    Est. £/sq ft

    £303/sq ft

    £3,259/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageI
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2020

    £237,000

    7 Apr 2017

    £195,000

    14 May 2010

    £167,000

    10 Nov 2000

    New build

    £84,500

    Key Metrics

    Estimated valuation£299,860
    Value per sq ft / m²£303/sq ft (£3,259/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA3 district percentile88th percentile
    National percentile49th 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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