Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 25, Bailey Lane, Morecambe is a period freehold house with 430 ft2 of internal area and sits on a 164 m2 plot.
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 25, Bailey Lane, Morecambe is £163,596 and the estimated rental value is £650 per month.
Bailey Lane, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
25, Bailey Lane, Morecambe has 51 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property 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 25, Bailey Lane, Morecambe is in very good condition we estimate a sale value of £171,776 and a rental value of £682 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,145 and a rental value of £604 per month.
Over the last 12 months the sale value of 25 Bailey Lane Morecambe has increased by an estimated £750 (0.5%) and its rental value has increased by an estimated £24 per month (3.6%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 25, Bailey Lane, Morecambe sits on a plot of 164m2.
We have plot size data on 14 out of 16 other houses in the postcode and 25, Bailey Lane, Morecambe sits on the 14th largest plot.
25, Bailey Lane, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 25, Bailey Lane, Morecambe was last sold on 30th July 2024 for £190,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since July 2024, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 25, Bailey Lane, Morecambe within a radius of 820 metres over the last 2 years.
The most recent example is 3A Tower Cottages, Middleton Road, Morecambe, LA3 2RD, a freehold house which sold for £149,950 on the 14th August 2023.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bailey Lane, Heysham, Morecambe, LA3 has a total of 24 addresses. According to our analysis of all the public data, 25, Bailey Lane, Morecambe is the 24th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in LA3.
The closest station to 25, Bailey Lane, Morecambe is Heysham Port station which is 1.7 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 25, Bailey Lane, Morecambe, 43.5% of property is privately owned outright and 31.3% 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 25, Bailey Lane, Morecambe, 13.3% of residents are recorded as possessing school level qualifications and 32.7% 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 25, Bailey Lane, 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 25, Bailey Lane, Morecambe, 1.7% 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 25, Bailey Lane, Morecambe, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
