2, Elms Drive - LA4 6DQ
Key Building Insights
2, Elms Drive is a residential building situated on Elms Drive, Morecambe, LA4 with 3 addresses.
It ranks as the 618th largest and 850th most expensive of the 1,105 buildings in the LA4 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £157,913
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £673pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Building Insights
2, Elms Drive is a residential building situated on Elms Drive, Morecambe, LA4 with 3 addresses.
It ranks as the 618th largest and 850th most expensive of the 1,105 buildings in the LA4 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £157,913
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £673pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £245/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Properties on Elms Drive, Morecambe, LA4
- 2A Elms Drive
2 Bed Early-century Flat
- 2B Elms Drive
2 Bed Early-century Flat
- 2 Elms Drive
3 Bed House
Sales Market Trends
The last sale in 2, Elms Drive sold for £115,000 on 11th November 2022. Since then prices are up an average of 2.5%.
The current average value in the building is £157,913.
The 2, Elms Drive Sales Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £157,913 |
| June 2025 | 1.7% | £158,905 |
| June 2024 | 0.7% | £156,292 |
| June 2023 | 2.5% | £155,252 |
| June 2022 | 12.1% | £151,478 |
| June 2021 | 5.1% | £135,092 |
| June 2020 | 4.1% | £128,494 |
| June 2019 | 2.3% | £123,438 |
| June 2018 | 1.5% | £120,668 |
| June 2017 | 2.2% | £118,936 |
| June 2016 | 0.3% | £116,321 |
| June 2015 | 3.7% | £115,946 |
| June 2014 | 4.7% | £111,806 |
| June 2013 | -3.1% | £106,760 |
| June 2012 | -0.6% | £110,195 |
| June 2011 | -1.5% | £110,909 |
| June 2010 | 4% | £112,592 |
| June 2009 | -9.4% | £108,212 |
| June 2008 | -1.4% | £119,377 |
| June 2007 | 0% | £121,117 |
Rental Market Trends
The current average rental value in the building is £673.
The 2, Elms Drive Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £673pcm |
| June 2025 | 3.8% | £651pcm |
| June 2024 | 11.1% | £627pcm |
| June 2023 | 4.3% | £565pcm |
| June 2022 | 8.1% | £541pcm |
| June 2021 | 1.4% | £501pcm |
| June 2020 | 1.9% | £494pcm |
| June 2019 | 2.7% | £485pcm |
| June 2018 | -0.2% | £472pcm |
| June 2017 | -0.7% | £473pcm |
| June 2016 | 1.7% | £477pcm |
| June 2015 | -0.4% | £469pcm |
| June 2014 | 1.4% | £470pcm |
| June 2013 | 0.2% | £464pcm |
| June 2012 | 0.1% | £463pcm |
| June 2011 | 1.4% | £462pcm |
| June 2010 | 4.8% | £456pcm |
| June 2009 | -2.3% | £435pcm |
| June 2008 | 3.8% | £445pcm |
| June 2007 | 0% | £429pcm |
Sales History
The last recorded sale was on 11th November 2022 for £115,000 and since then the market in the area has increased by 2.5%.
2, Elms Drive, Morecambe, LA4 6DQ has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2022£115,000 | 2 Bed Flat2B, Elms Drive, Morecambe, LA4 6DQ2B, Elms Drive, Morecambe, LA4 6DQ
- Sold Dec 2011£125,000 | 3 Bed House2, Elms Drive, Morecambe, LA4 6DQ2, Elms Drive, Morecambe, LA4 6DQ
- Sold Dec 2011£125,000 | 2 Bed Flat2A, Elms Drive, Morecambe, LA4 6DQ2A, Elms Drive, Morecambe, LA4 6DQ
Property Types
- 1 house of an unknown age
- 2 early-century flats built between 1912 and 1935
- house (1)
- early-century flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2022£500,000 | 5 Bed House22, Elms Drive, Morecambe, LA4 6DQ22, Elms Drive, Morecambe, LA4 6DQ
- Sold Dec 2022£385,000 | 4 Bed House4, Elms Drive, Morecambe, LA4 6DQ4, Elms Drive, Morecambe, LA4 6DQ
- Sold Apr 2024£332,500 | 4 Bed House45, Elms Drive, Morecambe, LA4 6DG45, Elms Drive, Morecambe, LA4 6DG
Schools Nearby
- Great Wood Primary School700 m away
- Morecambe and Heysham Torrisholme Community Primary School1.1 km away
- St Mary's Catholic Primary School, Morecambe1.2 km away
- Morecambe Bay Academy1.0 km away
- Bay Leadership Academy3.4 km away
- Our Lady's Catholic College3.5 km away
More reading links
Public Transport Nearby
The closest station to 2, Elms Drive, Morecambe, LA4 6DQ is Bare Lane station, which is 400 metres away.
- Bare Lane|400 m away
- Morecambe|2.4 km away
- Lancaster|3.8 km away
- Heysham Port|7.1 km away
