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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
According to the public record, 25, Pemberton Drive, Morecambe is a early-century leasehold apartment with 559 ft2 of internal area.
Apartments 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, Pemberton Drive, Morecambe is £108,129 and the estimated rental value is £610 per month.
The apartment is within 25, Pemberton Drive, Morecambe, LA4.
Pemberton Drive, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
25, Pemberton Drive, Morecambe has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property 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 25, Pemberton Drive, Morecambe is in very good condition we estimate a sale value of £113,535 and a rental value of £640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,560 and a rental value of £567 per month.
Over the last 12 months the sale value of 25 Pemberton Drive Morecambe has increased by an estimated £1,297 (1.2%) and its rental value has increased by an estimated £25 per month (4.0%), giving an expected gross yield of 6.8%.
25, Pemberton Drive, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2013.
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, 25, Pemberton Drive, Morecambe was last sold on 9th August 2017 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Pemberton Drive, Morecambe within a radius of 580 metres over the last 2 years.
The most recent example is 4, Clifton Drive, Morecambe, LA4 6SR, a leasehold flat which sold for £108,000 on the 21st March 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pemberton Drive, Morecambe, LA4 has a total of 26 addresses. According to our analysis of all the public data, 25, Pemberton Drive, Morecambe is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in LA4.
The closest station to 25, Pemberton Drive, Morecambe is Bare Lane station which is 400 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 25, Pemberton Drive, Morecambe, 58.5% of property is privately owned outright and 28.5% 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 25, Pemberton Drive, Morecambe, 11.1% of residents are recorded as possessing school level qualifications and 34.3% 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, Pemberton Drive, 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 25, Pemberton Drive, 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 25, Pemberton Drive, 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.
