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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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According to the public record, 2, Low Road, Morecambe is a period freehold house with 516 ft2 of internal area and sits on a 509 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Low Road, Morecambe is £197,071 and the estimated rental value is £745 per month.
Low Road, Middleton, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
2, Low Road, Morecambe has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated October 2018.
We combine this information with that 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.
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 2, Low Road, Morecambe is in very good condition we estimate a sale value of £206,924 and a rental value of £782 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,276 and a rental value of £692 per month.
Over the last 12 months the sale value of 2 Low Road Morecambe has decreased by an estimated £840 (0.4%) and its rental value has increased by an estimated £25 per month (3.3%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Low Road, Morecambe sits on a plot of 509m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Low Road, Morecambe sits on the 3rd largest plot.
2, Low Road, Morecambe has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 25 Oct 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Low Road, Morecambe was last sold on 19th March 2021 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.2 kilometres radius of 2, Low Road, Morecambe over the last 2 years.
The most recent example is 3 Primrose Cottages, Carr Lane, Morecambe, LA3 3LA, a freehold house which sold for £84,000 on the 16th March 2016.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Low Road, Middleton, Morecambe, LA3 has a total of 56 addresses. According to our analysis of all the public data, 2, Low Road, Morecambe is the 55th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in LA3.
The closest station to 2, Low Road, Morecambe is Heysham Port station which is 2.4 kilometres away.
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 2, Low Road, Morecambe, 59.6% of property is privately owned outright and 25.2% is privately owned with a mortgage.
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 2, Low Road, Morecambe, 13.0% of residents are recorded as possessing school level qualifications and 19.2% 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 2, Low Road, Morecambe, the average age was 42.6 and the most common age was 57.
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 2, Low Road, Morecambe, 0.6% 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 2, Low Road, Morecambe, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
