2 The Way, Morecambe, LA3 3AE is a leasehold flat built between 1930-1949. The property offers approximately 797 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £107,286 , which equates to approximately £135 per square foot. It was last sold on 11 Jul 2003 for £60,000. Since then, the value has increased by £47,286, representing a 78.8% increase, or approximately 3.5% per year.

The current estimated value of £107,286 is:

  • 8.6% lower than the average property price on The Way
  • 13.3% lower than the average in the LA3 3AE postcode area
  • and 43.4% lower than the average price for Morecambe as a whole

At the most recent EPC inspection on 27 September 2024, the property was recorded as owner-occupied.

View sold house prices in LA3 3AE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
797 sq ft
Tenure
Leasehold
Price (estimate)
£107,286
Price Per sq ft (estimate)
£135
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 The Way, Morecambe, Lancaster, Lancashire, LA3 3AE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Sep 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The property has multiple glazing throughout.

The previous EPC assessment was conducted on 2 Feb 2012, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 73%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The windows were upgraded from fully double glazed to multiple glazing throughout.
  • The lighting was updated from no low energy lighting to low energy lighting in 25% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Multiple glazing throughout
Good
Lighting
Low energy lighting in 25% of fixed outlets
Average

Sale History

Today
£107,286
streetscan.co.uk estimate
+79 %
11 Jul 2003
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 861 sq ft
sale price: £136,000
sale date: 22 Sep 2023
rooms: 3
size: 721 sq ft
sale price: £125,000
sale date: 13 May 2022

Data Sources

The property at 2 The Way, Morecambe, Lancaster, Lancashire, LA3 3AE appears once in the Land Registry records, with the transaction recorded on 11 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Sep 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.