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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, Wakefield Avenue, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 900 ft2 of internal area and sits on a 301 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, Wakefield Avenue, Morecambe is £297,568 and the estimated rental value is £1,050 per month.
Wakefield Avenue, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
2, Wakefield Avenue, Morecambe has 31 entries in the Land Registry , most recently in June 2007 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 4 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, Wakefield Avenue, Morecambe is in very good condition we estimate a sale value of £312,446 and a rental value of £1,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,738 and a rental value of £977 per month.
Over the last 12 months the sale value of 2 Wakefield Avenue Morecambe has decreased by an estimated £1,109 (0.4%) and its rental value has increased by an estimated £35 per month (3.3%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 2, Wakefield Avenue, Morecambe sits on a plot of 301m2.
We have plot size data on 32 out of 33 other houses in the postcode and 2, Wakefield Avenue, Morecambe sits on the 16th largest plot.
According to HM Land Registry, 2, Wakefield Avenue, Morecambe was last sold on 4th June 2007 for £174,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2007, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wakefield Avenue, Morecambe within a radius of 560 metres over the last 2 years.
The most recent example is 23, Pembroke Avenue, Morecambe, LA4 6EJ, a freehold house which sold for £220,000 on the 11th April 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Avenue, Morecambe, LA4 has a total of 33 addresses. According to our analysis of all the public data, 2, Wakefield Avenue, Morecambe is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in LA4.
The closest station to 2, Wakefield Avenue, Morecambe is Bare Lane station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Wakefield Avenue, Morecambe, 51.8% of property is privately owned outright and 39.5% 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, Wakefield Avenue, Morecambe, 17.7% of residents are recorded as possessing school level qualifications and 32.4% 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, Wakefield Avenue, 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, Wakefield Avenue, Morecambe, 0.8% 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, Wakefield Avenue, 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.
