Basement Flat, 325 Marine Road Central, Morecambe, LA4 5AA is a freehold flat built between 1900-1929. The property offers approximately 527 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £360,750 , which equates to approximately £684 per square foot. It was last sold on 29 Jan 2021 for £322,500. Since then, the value has increased by £38,250, representing a 11.9% increase, or approximately 2.4% per year.

The current estimated value of £360,750 is:

  • 41.9% higher than the average property price on Marine Road Central
  • 17.5% lower than the average in the LA4 5AA postcode area
  • and 90.4% higher than the average price for Morecambe as a whole

At the most recent EPC inspection on 14 March 2024, the property was recorded as rented.

View sold house prices in LA4 5AA

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
527 sq ft
Tenure
Freehold
Price (estimate)
£360,750
Price Per sq ft (estimate)
£684
Bedroom Count (estimate)
1 bedroom

EPC Summary

Basement Flat, 325 Marine Road Central, Morecambe, Lancaster, Lancashire, LA4 5AA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Mar 2024.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Mar 2014, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 25.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£360,750
streetscan.co.uk estimate
+12 %
29 Jan 2021
£322,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £69,999
sale date: 7 Jul 2021

Data Sources

The property at Basement Flat, 325 Marine Road Central, Morecambe, Lancaster, Lancashire, LA4 5AA appears once in the Land Registry records, with the transaction recorded on 29 Jan 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 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.