124 Lancaster Road

    124, LANCASTER ROAD, MORECAMBE, LA4 5QN

    This terraced freehold property on Lancaster Road last sold in November 2022 for £165,000. Based on price growth in the LA4 district since then, its estimated current value is £178,348 — placing it in the 19th percentile nationally and the 43rd percentile within LA4. The property covers 113 m² (1,216 sq ft), giving an estimated value of £1,578 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £165,000

    Nov 2022

    Estimated Valuation

    £178,348

    Est. £/sq ft

    £147/sq ft

    £1,578/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,216 sq ft (113 m²)
    EPC dateMay 2022
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Nov 2022

    £165,000

    22 Aug 2014

    £80,000

    Key Metrics

    Estimated valuation£178,348
    Value per sq ft / m²£147/sq ft (£1,578/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile43rd percentile
    National percentile19th percentile

    District Context — LA4

    LA4 covers parts of central and south Lancashire, positioned between Preston and the industrial heartland to the south. The area blends urban and semi-rural character with a working-class and mixed-income demographic.

    Average Property Price - LA4

    £198,298

    12

    National percentile

    Average Net Household Income - LA4

    £28,369

    5

    National percentile

    10-Year Annualised Price Growth - LA4

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA4

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