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According to the public record, 107, Low Lane, Morecambe is a mid-century freehold house with 775 ft2 of internal area and sits on a 306 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 107, Low Lane, Morecambe is £236,605 and the estimated rental value is £917 per month.
Low Lane, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
107, Low Lane, Morecambe has 21 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 107, Low Lane, Morecambe is in very good condition we estimate a sale value of £248,435 and a rental value of £962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,043 and a rental value of £852 per month.
Over the last 12 months the sale value of 107 Low Lane Morecambe has increased by an estimated £696 (0.3%) and its rental value has increased by an estimated £32 per month (3.5%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 107, Low Lane, Morecambe sits on a plot of 306m2.
We have plot size data on 22 out of 22 other houses in the postcode and 107, Low Lane, Morecambe sits on the 14th largest plot.
107, Low Lane, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 107, Low Lane, Morecambe was last sold on 16th August 2024 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2024, the market for similar properties has dropped 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 107, Low Lane, Morecambe within a radius of 570 metres over the last 2 years.
The most recent example is 10, St. Annes Avenue, Morecambe, LA4 6RE, a freehold house which sold for £215,000 on the 14th August 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Low Lane, Morecambe, LA4 has a total of 99 addresses. According to our analysis of all the public data, 107, Low Lane, Morecambe is the 59th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in LA4.
The closest station to 107, Low Lane, Morecambe is Bare Lane station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 107, Low Lane, Morecambe, 49.5% of property is privately owned outright and 25.7% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 107, Low Lane, Morecambe, 12.6% of residents are recorded as possessing school level qualifications and 36.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 107, Low Lane, Morecambe, the average age was 53.7 and the most common age was 72.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 107, Low Lane, Morecambe, 0.9% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 107, Low Lane, Morecambe, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.