Flat 2, 45 Edward Street, Morecambe, LA4 4BL is a leasehold flat built between 1900-1929. The property offers approximately 657 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 £47,577 , which equates to approximately £72 per square foot. It was last sold on 25 Nov 2022 for £50,000. Since then, the value has decreased by £2,423, representing a 4.8% decrease, or approximately 1.6% per year.

The current estimated value of £47,577 is:

  • 60.0% lower than the average property price on Edward Street
  • 61.7% lower than the average in the LA4 4BL postcode area
  • and 74.9% lower than the average price for Morecambe as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 1 November 2020, the property was recorded as rented.

View sold house prices in LA4 4BL

Building approximate location

About Property

Type
Terraced Maisonette
Built
1900-1929
Interior Size
657 sq ft
Tenure
Leasehold
Price (estimate)
£47,577
Price Per sq ft (estimate)
£72
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 45 Edward Street, Morecambe, Lancaster, Lancashire, LA4 4BL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 1 Nov 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Nov 2018, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 20.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from sandstone or limestone, as built, no insulation (assumed) to sandstone or limestone, with internal insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 56% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Sandstone or limestone, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to LA4 4BL

21 st / 21
Price Rank
62% lower than average
14 th / 14
Size Rank
49% smaller than average
13 th / 14
Price Per Sq FT Rank
25% lower than average

Compared to other properties in LA4 4BL , this maisonette's estimated value ranks 21th out of 21. Based on price per square foot, it ranks 13th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 14 properties in its postcode area.

Sale History

Today
£47,577
streetscan.co.uk estimate
-5 %
25 Nov 2022
£50,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1443 sq ft
sale price: £94,000
sale date: 21 Aug 2009
rooms: 7
size: 1582 sq ft
sale price: £125,000
sale date: 23 Aug 2016
rooms: 5
size: 1277 sq ft
sale price: £95,000
sale date: 7 Jan 2011
rooms: 6
size: 1410 sq ft
sale price: £73,000
sale date: 7 Jan 2020
rooms: 7
size: 1464 sq ft
sale price: £128,000
sale date: 13 Mar 2015

Data Sources

The property at Flat 2, 45 Edward Street, Morecambe, Lancaster, Lancashire, LA4 4BL appears once in the Land Registry records, with the transaction recorded on 25 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Nov 2020. 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.