15, Derwent Avenue
15, Derwent Avenue
Description & Estimates
Public records show 15, Derwent Avenue, Morecambe to be an early-century leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
15, Derwent Avenue, Morecambe has an estimated sale value of £102,926 and an estimated rental value of £650 per month, assuming reasonable condition and based on the information available.
Derwent Avenue, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
15, Derwent Avenue, Morecambe has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, Derwent Avenue, Morecambe would be worth £108,073, with a potential rental value of £682 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £95,722, with a rental value of £604 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Derwent Avenue, Morecambe has increased by £735 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £28 (4.4%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
15, Derwent Avenue, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Derwent Avenue, Morecambe last changed hands on 6th December 2017, selling for £84,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 45.9% since December 2017.
- Sold Dec 2017£84,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 15, Derwent Avenue, Morecambe across the last 2 years.
Most recently, 11A, Dallam Avenue, Morecambe, LA4 5BB, a leasehold flat, sold at £124,000 on the 28th February 2025.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Derwent Avenue, Morecambe as the 7th largest and the 7th most expensive of the 9 addresses on Derwent Avenue, Morecambe, LA4.
Against the LA4 postcode district average, it is £89k less expensive than the typical property.
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Schools Nearby
- 100mSt Mary's Catholic Primary School, Morecambe
- 400mPoulton-le-Sands Church of England Primary School
- 500mMorecambe Bay Community Primary School
- 400mMorecambe Bay Academy
- 2.2kmBay Leadership Academy
- 3.9kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 15, Derwent Avenue, Morecambe at 1.1 kilometres away.
- 1.1kmMorecambe
- 1.2kmBare Lane
- 4.0kmLancaster
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
