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According to the public record, 2, Wemyss Close, Morecambe is a modern leasehold house with 495 ft2 of internal area.
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, Wemyss Close, Morecambe is £184,153 and the estimated rental value is £731 per month.
Wemyss Close, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
2, Wemyss Close, Morecambe has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated November 2012.
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, Wemyss Close, Morecambe is in very good condition we estimate a sale value of £193,361 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,262 and a rental value of £680 per month.
Over the last 12 months the sale value of 2 Wemyss Close Morecambe has increased by an estimated £844 (0.5%) and its rental value has increased by an estimated £26 per month (3.6%), giving an expected gross yield of 4.8%.
2, Wemyss Close, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Wemyss Close, Morecambe was last sold on 28th February 2022 for £155,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wemyss Close, Morecambe within a radius of 650 metres over the last 2 years.
The most recent example is 16, Silverdale Avenue, Morecambe, LA3 2JX, a freehold house which sold for £90,000 on the 12th April 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wemyss Close, Heysham, Morecambe, LA3 has a total of 6 addresses. According to our analysis of all the public data, 2, Wemyss Close, Morecambe is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in LA3.
The closest station to 2, Wemyss Close, Morecambe is Heysham Port station which is 1.5 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, Wemyss Close, Morecambe, 57.4% of property is privately owned outright and 37.0% 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, Wemyss Close, Morecambe, 18.3% of residents are recorded as possessing school level qualifications and 31.5% 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, Wemyss Close, 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, Wemyss Close, 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, Wemyss Close, Morecambe, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.