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According to the public record, 2, Thomas Grove, Morecambe is a modern freehold house with 688 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Thomas Grove, Morecambe is £143,272 and the estimated rental value is £842 per month.
Thomas Grove, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
2, Thomas Grove, Morecambe has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated October 2014.
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.
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, Thomas Grove, Morecambe is in very good condition we estimate a sale value of £150,436 and a rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,243 and a rental value of £783 per month.
Over the last 12 months the sale value of 2 Thomas Grove Morecambe has increased by an estimated £421 (0.3%) and its rental value has increased by an estimated £29 per month (3.5%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 2, Thomas Grove, Morecambe sits on a plot of 149m2.
We have plot size data on 13 out of 13 other houses in the postcode and 2, Thomas Grove, Morecambe sits on the 5th largest plot.
2, Thomas Grove, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Thomas Grove, Morecambe was last sold on 4th December 2020 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has risen 73.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Thomas Grove, Morecambe within a radius of 460 metres over the last 2 years.
The most recent example is 8, James Street, Morecambe, LA4 5SY, a freehold house which sold for £153,000 on the 6th September 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thomas Grove, Morecambe, LA4 has a total of 17 addresses. According to our analysis of all the public data, 2, Thomas Grove, Morecambe is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in LA4.
The closest station to 2, Thomas Grove, Morecambe is Morecambe station which is 800 metres 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, Thomas Grove, Morecambe, 46.5% of property is socially rented and 23.8% 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 2, Thomas Grove, Morecambe, 30.9% of residents are recorded as possessing school level qualifications and 18.1% 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, Thomas Grove, Morecambe, the average age was 40.4 and the most common age was 37.
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, Thomas Grove, 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 2, Thomas Grove, Morecambe, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.