29, Victoria Parade
29, Victoria Parade
Description & Estimates
29, Victoria Parade, Morecambe appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be an early-century apartment with 718 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 29, Victoria Parade, Morecambe is £95,757 and its rental estimate is £630 per month, given the available information and assuming reasonable condition.
Victoria Parade, Morecambe, LA4 falls within the LA4 postal district, in the borough of Lancaster.
Our Data Sources
29, Victoria Parade, Morecambe has 21 entries in the Land Registry , most recently in August 2024 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 29, Victoria Parade, Morecambe, we estimate a market value of £100,545 and a rental value of £661 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £89,054 and £586 per month respectively.
Recent Market Change
Over the last year, 29, Victoria Parade, Morecambe has seen its estimated sale value increase by £684 (0.7%) and its estimated rental value grow by £27 per month (4.4%). This results in an estimated gross rental yield of 7.9%.
Sold Prices
The most recent sale of 29, Victoria Parade, Morecambe completed on 30th August 2024 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 11.7% over the period since August 2024.
- Sold Aug 2024£125,000
- Sold Oct 2005£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Victoria Parade, Morecambe have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2022, was 28A, Victoria Parade, Morecambe, LA4 5NZ, a leasehold flat which sold for £85,000.
Read more about house prices in LA4.
- Sold Dec 2022£85,000 | 2 Bed Flat28A, Victoria Parade, Morecambe, LA4 5NZ28A, Victoria Parade, Morecambe, LA4 5NZ
- Sold Mar 2019£161,500 | 2 Bed Flat23A, Victoria Parade, Morecambe, LA4 5NX23A, Victoria Parade, Morecambe, LA4 5NX
- Sold Mar 2019£161,500 | 2 Bed Flat23, Victoria Parade, Morecambe, LA4 5NX23, Victoria Parade, Morecambe, LA4 5NX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 82 addresses on Victoria Parade, Morecambe, LA4, 29, Victoria Parade, Morecambe comes out as the 56th largest and the 70th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the LA4 district.
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Schools Nearby
- 200mPoulton-le-Sands Church of England Primary School
- 300mSt Mary's Catholic Primary School, Morecambe
- 500mMorecambe Bay Community Primary School
- 300mMorecambe Bay Academy
- 2.3kmBay Leadership Academy
- 4.2kmOur Lady's Catholic College
More reading links
Public Transport Nearby
From 29, Victoria Parade, Morecambe, the nearest station is Morecambe, 1.1 kilometres away.
- 1.1kmMorecambe
- 1.3kmBare Lane
- 4.3kmLancaster
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
