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According to the public record, 2, Mallow Walk, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 853 ft2 of internal area and sits on a 109 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mallow Walk, Morecambe is £170,017 and the estimated rental value is £907 per month.
Mallow Walk, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
2, Mallow Walk, Morecambe has 51 entries in the Land Registry , most recently in February 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 2, Mallow Walk, Morecambe is in very good condition we estimate a sale value of £178,518 and a rental value of £953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,116 and a rental value of £844 per month.
Over the last 12 months the sale value of 2 Mallow Walk Morecambe has increased by an estimated £500 (0.3%) and its rental value has increased by an estimated £32 per month (3.5%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 2, Mallow Walk, Morecambe sits on a plot of 109m2.
We have plot size data on 18 out of 20 other houses in the postcode and 2, Mallow Walk, Morecambe sits on the 9th largest plot.
According to HM Land Registry, 2, Mallow Walk, Morecambe was last sold on 28th February 2017 for £110,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since February 2017, the market for similar properties has risen 57.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mallow Walk, Morecambe within a radius of 680 metres over the last 2 years.
The most recent example is 15, Chester Close, Morecambe, LA3 3RF, a freehold house which sold for £175,000 on the 31st October 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mallow Walk, Morecambe, LA3 has a total of 20 addresses. According to our analysis of all the public data, 2, Mallow Walk, Morecambe is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in LA3.
The closest station to 2, Mallow Walk, Morecambe is Morecambe station which is 1.3 kilometres 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 2, Mallow Walk, Morecambe, 35.6% of property is privately owned outright and 28.1% 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 2, Mallow Walk, Morecambe, 20.5% of residents are recorded as possessing school level qualifications and 21.4% 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 2, Mallow Walk, 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 2, Mallow Walk, 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, Mallow Walk, Morecambe, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.