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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, 3, Elkin Road, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,025 ft2 of internal area and sits on a 277 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Elkin Road, Morecambe is £241,848 and the estimated rental value is £980 per month.
Elkin Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
3, Elkin Road, Morecambe has a single entry in the Land Registry from October 2007 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 5 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 3, Elkin Road, Morecambe is in very good condition we estimate a sale value of £253,940 and a rental value of £1,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,918 and a rental value of £912 per month.
Over the last 12 months the sale value of 3 Elkin Road Morecambe has increased by an estimated £711 (0.3%) and its rental value has increased by an estimated £34 per month (3.5%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 3, Elkin Road, Morecambe sits on a plot of 277m2.
We have plot size data on 33 out of 37 other houses in the postcode and 3, Elkin Road, Morecambe sits on the 17th largest plot.
According to HM Land Registry, 3, Elkin Road, Morecambe was last sold on 12th October 2007 for £159,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Elkin Road, Morecambe within a radius of 540 metres over the last 2 years.
The most recent example is 4, Elkin Road, Morecambe, LA4 5RN, a freehold house which sold for £275,000 on the 22nd March 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elkin Road, Morecambe, LA4 has a total of 41 addresses. According to our analysis of all the public data, 3, Elkin Road, Morecambe is the 33rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in LA4.
The closest station to 3, Elkin Road, Morecambe is Bare Lane station which is 800 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 3, Elkin Road, Morecambe, 43.9% of property is privately owned with a mortgage and 43.1% 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 3, Elkin Road, Morecambe, 16.0% of residents are recorded as possessing school level qualifications and 33.1% 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 3, Elkin Road, Morecambe, the average age was 43.1 and the most common age was 52.
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 3, Elkin Road, Morecambe, 1.0% 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 3, Elkin Road, Morecambe, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
