1, Homfray Avenue
1, Homfray Avenue
Description & Estimates
1, Homfray Avenue, Morecambe is recorded publicly as an early-century freehold house across 1,227 ft2 of internal area, sitting on a 402 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Homfray Avenue, Morecambe is £278,320 and its rental estimate is £1,016 per month, given the available information and assuming reasonable condition.
Homfray Avenue, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
1, Homfray Avenue, Morecambe has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Homfray Avenue, Morecambe, we estimate a market value of £292,236 and a rental value of £1,066 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £258,838 and £944 per month respectively.
Recent Market Change
Over the last year, 1, Homfray Avenue, Morecambe has seen its estimated sale value decrease by £1,169 (0.4%) and its estimated rental value grow by £33 per month (3.3%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 1, Homfray Avenue, Morecambe as measuring 402 m2.
That makes it the 5th largest plot in the postcode, where 33 of the 37 other houses have recorded plot data.
Energy Efficiency
1, Homfray Avenue, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Homfray Avenue, Morecambe completed on 17th November 2021 at £193,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 5.5% over the period since November 2021.
- Sold Nov 2021£193,000
- Sold Jul 2002£81,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Homfray Avenue, Morecambe have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2024, was 8, Homfray Avenue, Morecambe, LA3 3AG, a freehold house which sold for £260,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Homfray Avenue, Morecambe, LA3, 1, Homfray Avenue, Morecambe comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £86k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 600mMorecambe and Heysham Torrisholme Community Primary School
- 800mMorecambe and Heysham Grosvenor Park Primary School
- 900mLancaster Road Primary School
- 1.5kmMorecambe Bay Academy
- 2.6kmOur Lady's Catholic College
- 2.7kmBay Leadership Academy
More reading links
Public Transport Nearby
From 1, Homfray Avenue, Morecambe, the nearest station is Bare Lane, 1.2 kilometres away.
- 1.2kmBare Lane
- 2.2kmMorecambe
- 2.6kmLancaster
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
