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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16, Wastwater Drive, Morecambe is described in the public record as a mid-century apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Wastwater Drive, Morecambe is £62,189 and its rental estimate is £453 per month, given the available information and assuming reasonable condition.
Wastwater Drive, Morecambe, LA4 falls within the LA4 postal district, in the borough of Lancaster.
16, Wastwater Drive, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 16, Wastwater Drive, Morecambe, we estimate a market value of £65,299 and a rental value of £475 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £57,836 and £421 per month respectively.
Over the last year, 16, Wastwater Drive, Morecambe has seen its estimated sale value drop by £89 (0.1%) and its estimated rental value rise by £16 per month (3.5%). This results in an estimated gross rental yield of 8.7%.
16, Wastwater Drive, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 16, Wastwater Drive, Morecambe have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2023, was 12A, Kirkstone Drive, Morecambe, LA4 5XP, a leasehold flat which sold for £65,000.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Wastwater Drive, Morecambe, LA4, 16, Wastwater Drive, Morecambe comes out as the 17th largest and the 17th most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the LA4 district.
From 16, Wastwater Drive, Morecambe, the nearest station is Bare Lane, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Wastwater Drive, Morecambe, 34.3% of property is socially rented and 26.1% is privately owned outright.
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 16, Wastwater Drive, Morecambe, 17.9% of residents are recorded as possessing school level qualifications and 12.0% 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 16, Wastwater Drive, Morecambe, the average age was 44.8 and the most common age was 52.
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 16, Wastwater Drive, Morecambe, 0.0% 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 16, Wastwater Drive, Morecambe, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
