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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 21, Sefton Road, Morecambe is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 499 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, Sefton Road, Morecambe is £73,676 and the estimated rental value is £553 per month.
The apartment is within 21, Sefton Road, Heysham, Morecambe, LA3.
Sefton Road, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
21, Sefton Road, Morecambe has 31 entries in the Land Registry , most recently in June 2022 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 1 out of 5 and is considered of low 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 21, Sefton Road, Morecambe is in very good condition we estimate a sale value of £77,360 and a rental value of £581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,519 and a rental value of £514 per month.
Over the last 12 months the sale value of 21 Sefton Road Morecambe has decreased by an estimated £106 (0.1%) and its rental value has increased by an estimated £20 per month (3.5%), giving an expected gross yield of 9%.
According to HM Land Registry, 21, Sefton Road, Morecambe was last sold on 24th June 2022 for £46,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2022, the market for similar properties has risen 44.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Sefton Road, Morecambe within a radius of 430 metres over the last 2 years.
The most recent example is Flat 3, 156, Westminster Road, Morecambe, LA3 1SH, a leasehold flat which sold for £38,000 on the 26th May 2023.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sefton Road, Heysham, Morecambe, LA3 has a total of 137 addresses. According to our analysis of all the public data, 21, Sefton Road, Morecambe is the 111th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in LA3.
The closest station to 21, Sefton Road, 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 21, Sefton Road, Morecambe, 69.0% of property is privately rented and 12.9% 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 21, Sefton Road, Morecambe, 14.2% 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 21, Sefton Road, Morecambe, the average age was 38.9 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 21, Sefton Road, 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 21, Sefton Road, Morecambe, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
