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 £106,506 , which equates to approximately £134 per square foot. It was last sold on 11 Jul 2003 for £60,000. Since then, the value has increased by £46,506, representing a 77.5% increase, or approximately 3.4% per year.

The current estimated value of £106,506 is:

  • 8.6% lower than the average property price on The Way
  • 14.0% lower than the average in the LA3 3AE postcode area
  • and 44.9% 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)
£106,506
Price Per sq ft (estimate)
£134
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
£106,506
streetscan.co.uk estimate
+78 %
11 Jul 2003
£60,000
Leasehold

Flood Risk for this Property

Flood risk from rivers and the sea
Very low flood risk
Flood risk from surface water
Medium flood risk
Surface water flood hazard
Medium

* Results are based on Environment Agency flood risk mapping for the property UPRN where available. They are indicative and should not be treated as a site-specific flood survey.

Flood risk from rivers and the sea

This property has very low flood risk from rivers and the sea.

River and sea flooding includes flooding caused by overflowing rivers, estuaries, tidal waters and coastal surges.

Flood risk from surface water

This property has medium surface water flood risk.

Surface water flooding can happen when heavy rainfall overwhelms drains, roads, gardens or other hard surfaces.

Flood depth indicators

Rivers and Sea
  • 0.2m depth No mapped risk
  • 0.3m depth No mapped risk
  • 0.6m depth No mapped risk
  • 0.9m depth No mapped risk
  • 1.2m depth No mapped risk
Surface Water
  • 0.2m depth Medium
  • 0.3m depth Low
  • 0.6m depth Very low
  • 0.9m depth Very low
  • 1.2m depth Very low

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, LA3 3AE appears once in HM Land Registry records, with the transaction recorded on 11 Jul 2003. It also has two Energy Performance Certificate (EPC) records, the earliest dating back to 27 Sep 2024. We use this information to estimate the property's characteristics, flood risk profile and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0 .

StreetScan.co.uk is not affiliated with, endorsed by, or associated with HM Land Registry, DESNZ, MHCLG, Defra or the Environment Agency.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure that the information provided on this website is current and accurate. However, no warranties or representations are made regarding its completeness, accuracy, suitability or reliability. Property values, flood risk assessments and other derived information are estimates based on publicly available datasets and should not be relied upon as professional, legal, surveying, environmental, financial or insurance advice. StreetScan.co.uk expressly disclaims all liability for any loss, damage, cost or expense arising directly or indirectly from the use of, or reliance upon, information provided on this website.