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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, The Cove, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,607 ft2 of internal area and sits on a 591 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Cove, Morecambe is £405,609 and the estimated rental value is £1,248 per month.
The Cove, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
2, The Cove, Morecambe has a single entry in the Land Registry from July 2011 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 3 out of 5 and is considered of medium 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, The Cove, Morecambe is in very good condition we estimate a sale value of £425,890 and a rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,217 and a rental value of £1,161 per month.
Over the last 12 months the sale value of 2 The Cove Morecambe has increased by an estimated £71 (0.0%) and its rental value has increased by an estimated £40 per month (3.2%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, The Cove, Morecambe sits on a plot of 591m2.
According to HM Land Registry, 2, The Cove, Morecambe was last sold on 15th July 2011 for £227,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2011, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Cove, Morecambe within a radius of 720 metres over the last 2 years.
The most recent example is 484, Marine Road East, Morecambe, LA4 6AF, a freehold house which sold for £385,000 on the 16th September 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cove, Morecambe, LA4 has a total of 2 addresses. According to our analysis of all the public data, 2, The Cove, Morecambe is the largest and the most expensive property on the street.
When compared to the postcode district it is £212k more expensive than the average property in LA4.
The closest station to 2, The Cove, Morecambe is Bare Lane station which is 500 metres 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, The Cove, Morecambe, 59.9% of property is privately owned outright and 24.5% 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, The Cove, Morecambe, 10.0% of residents are recorded as possessing school level qualifications and 37.4% 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, The Cove, 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 2, The Cove, Morecambe, 2.6% 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, The Cove, 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.
