3, Gilstead Avenue
3, Gilstead Avenue
Description & Estimates
Public records show 3, Gilstead Avenue, Morecambe to be a modern leasehold house with 570 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Gilstead Avenue, Morecambe has an estimated sale value of £95,144 and an estimated rental value of £603 per month, assuming reasonable condition and based on the information available.
Gilstead Avenue, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
3, Gilstead Avenue, Morecambe has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated June 2024.
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.
Price Range & Condition
In very good condition, we estimate 3, Gilstead Avenue, Morecambe would be worth £99,901, with a potential rental value of £633 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,484, with a rental value of £561 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Gilstead Avenue, Morecambe has dropped by £406 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (3.3%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
3, Gilstead Avenue, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
3, Gilstead Avenue, Morecambe last changed hands on 23rd July 2024, selling for £94,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 2.9% since July 2024.
- Sold Jul 2024£94,000
- Sold May 2007£74,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 730 metres of 3, Gilstead Avenue, Morecambe across the last 2 years.
Most recently, 2, Gilstead Avenue, Morecambe, LA3 2HP, a freehold house, sold at £122,500 on the 3rd September 2007.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Gilstead Avenue, Morecambe as the 4th largest and the most expensive of the 8 addresses on Gilstead Avenue, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £97k less expensive than the typical property.
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Schools Nearby
- 200mSt Patrick's Catholic Primary School
- 500mMossgate Primary School
- 1.0kmHeysham St Peter's Church of England Primary School
- 1.4kmBay Leadership Academy
- 3.7kmMorecambe Bay Academy
- 5.2kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
Heysham Port station is the nearest stop to 3, Gilstead Avenue, Morecambe at 2.6 kilometres away.
- 2.6kmHeysham Port
- 2.6kmMorecambe
- 4.3kmBare Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
