Terraced 2 sales on record

23 AKEMAN CLOSE

MORECAMBE, LANCASTER, LANCASHIRE, LA3 3BP

£212,500

Location

Map view View on Google Maps View on OpenStreetMap Street View LA3 3BP

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Peels Wheels 0.1 miles
Bus stop Cannon Hygiene 0.1 miles
Train station Bare Lane 0.9 miles
Hospital Royal Lancaster Infirmary 2.0 miles
University University of Cumbria, Lancaster Campus 2.4 miles

Property details

Tenure

Freehold

Property type

Terraced

Bedrooms

3

Bathrooms

2

Floor area

102 m²

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£212,500 Apr 2026

Price per m²

£2,083/m²

Local average

£143,640 (34 sales)

Street crime

174 incidents within 1 mile (Jun 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 15/08/2025

Expiry date: 14/08/2035

Current heating cost: £856/year

Potential heating cost: £856/year

Est. upgrade cost to C: £9,000

Recommendations

  • Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 10/04/2026 £212,500 Terraced +39.8% £214,392 to May 2026 View transaction
Sold 02/10/2017 £152,000 Terraced — £218,059 to May 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
listed 17/03/2026 £219,950
sold 01/01/2026 £212,500
sold 01/01/2017 £152,000
sold 01/01/2003 £114,950

Photos · Open listing

Open image 1 from listing 173401766 Open image 2 from listing 173401766 Open image 3 from listing 173401766 Open image 4 from listing 173401766 Open image 5 from listing 173401766 Open image 6 from listing 173401766 Open image 7 from listing 173401766 Open image 8 from listing 173401766 Open image 9 from listing 173401766 Open image 10 from listing 173401766 Open image 11 from listing 173401766 Open image 12 from listing 173401766

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
74 HADRIAN ROAD, MORECAMBE, LANCASTER, LANCASHIRE, LA3 3BX £190,000 17/10/2022 Terraced
6 WENNING COURT, MORECAMBE, LANCASTER, LANCASHIRE, LA3 3SH £170,000 30/09/2022 Terraced
31 DUDDON CLOSE, MORECAMBE, LANCASTER, LANCASHIRE, LA3 3SW £200,000 01/09/2022 Terraced
6 DUDDON CLOSE, MORECAMBE, LANCASTER, LANCASHIRE, LA3 3SW £169,950 05/08/2022 Terraced
11 WENNING COURT, MORECAMBE, LANCASTER, LANCASHIRE, LA3 3SH £145,000 03/03/2022 Terraced
11 AKEMAN CLOSE, MORECAMBE, LANCASTER, LANCASHIRE, LA3 3BP £190,000 16/12/2021 Terraced

Area average: £177,492 (6 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -5.9%
10y growth 47.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Lancaster. Series: Terraced. As of May 2026.

1y (index) 1.3%
5y (index) 19.3%
10y (index) 44.1%

Rental Range

Estimated market rent for Lancaster. Low = conservative, Realistic = average, Optimistic = best case.

Low £734/mo
Realistic £815/mo
Optimistic £897/mo

Based on Local Authority from postcode lookup → Lancaster.

LHA (30th percentile) floor for Lancaster: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Detached House, Fife Street, LA1 £1,395/mo 3 0.98 miles OpenRent

Average rent: £1,395/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.66%
Max investor price (0.8%) £174,375
Target investor price (1%) £139,500
Gross yield 7.9%
Cost-to-rent ratio 12.7×
Monthly cashflow £394/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~178 m² (0.04 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 54
Anti-social behaviour 34
Shoplifting 25
Burglary 17
Criminal damage and arson 11
Vehicle crime 11
Other theft 10
Public order 6
Theft from the person 2
Bicycle theft 1
Drugs 1
Other crime 1
Possession of weapons 1
Total incidents 174

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Morecambe Road School Other 0.2 miles Good — 7 Feb 2013
Morecambe and Heysham Grosvenor Park Primary School Primary 0.3 miles Good — 18 Nov 2014
Lancaster and Morecambe College Other 0.5 miles — (No rating)
Morecambe and Heysham Torrisholme Community Primary School Primary 0.6 miles Outstanding — 11 Nov 2016
Lancaster Road Primary School Primary 0.7 miles Good — 17 Jul 2013

FENSA

No FENSA certificates found for this address.