Flat 3, Princes Gardens Bare Lane, Morecambe, LA4 6RS is a leasehold flat built between 1967-1975. 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 £160,333 , which equates to approximately £201 per square foot. It was last sold on 26 Mar 1999 for £43,000. Since then, the value has increased by £117,333, representing a 272.9% increase, or approximately 10.2% per year.

The current estimated value of £160,333 is:

  • 35.3% lower than the average property price on Bare Lane
  • 43.1% lower than the average in the LA4 6RS postcode area
  • and 15.4% lower than the average price for Morecambe as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 March 2015, the property was recorded as owner-occupied.

View sold house prices in LA4 6RS

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
797 sq ft
Tenure
Leasehold
Price (estimate)
£160,333
Price Per sq ft (estimate)
£201
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, Princes Gardens Bare Lane, Morecambe, Lancaster, Lancashire, LA4 6RS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Mar 2015.

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 windows are fully double glazed.

The previous EPC assessment was conducted on 26 Sep 2013. The rating of D is unchanged, though the energy efficiency score decreased by 4.4%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was changed from low energy lighting in 9% of fixed outlets to no low energy lighting, with no change in efficiency (very poor).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to LA4 6RS

23 rd / 24
Price Rank
43% lower than average
16 th / 20
Size Rank
32% smaller than average
15 th / 20
Price Per Sq FT Rank
17% lower than average

Compared to other properties in LA4 6RS , this flat's estimated value ranks 23th out of 24. Based on price per square foot, it ranks 15th out of 20 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 16th out of 20 properties in its postcode area.

Sale History

Today
£160,333
streetscan.co.uk estimate
+273 %
26 Mar 1999
£43,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £155,000
sale date: 16 May 2024
rooms: 3
size: 915 sq ft
sale price: £155,000
sale date: 30 Sep 2022
rooms: 3
size: 814 sq ft
sale price: £155,000
sale date: 4 Jul 2022
rooms: 3
size: 721 sq ft
sale price: £168,000
sale date: 7 Apr 2022
rooms: 3
size: 732 sq ft
sale price: £105,000
sale date: 20 Dec 2017

Data Sources

The property at Flat 3, Princes Gardens Bare Lane, Morecambe, Lancaster, Lancashire, LA4 6RS appears once in the Land Registry records, with the transaction recorded on 26 Mar 1999. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Mar 2015. 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.