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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, 34, Chestnut Drive, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 694 ft2 of internal area and sits on a 296 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 34, Chestnut Drive, Morecambe is £225,001 and the estimated rental value is £854 per month.
Chestnut Drive, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
34, Chestnut Drive, Morecambe has a single entry in the Land Registry from December 2012 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 34, Chestnut Drive, Morecambe is in very good condition we estimate a sale value of £236,252 and a rental value of £897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,251 and a rental value of £794 per month.
Over the last 12 months the sale value of 34 Chestnut Drive Morecambe has decreased by an estimated £838 (0.4%) and its rental value has increased by an estimated £28 per month (3.3%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 34, Chestnut Drive, Morecambe sits on a plot of 296m2.
We have plot size data on 16 out of 17 other houses in the postcode and 34, Chestnut Drive, Morecambe sits on the 7th largest plot.
According to HM Land Registry, 34, Chestnut Drive, Morecambe was last sold on 19th December 2012 for £105,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Chestnut Drive, Morecambe within a radius of 640 metres over the last 2 years.
The most recent example is 59, Oak Avenue, Morecambe, LA4 6HY, a freehold house which sold for £227,000 on the 14th August 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Drive, Morecambe, LA4 has a total of 38 addresses. According to our analysis of all the public data, 34, Chestnut Drive, Morecambe is the 29th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in LA4.
The closest station to 34, Chestnut Drive, Morecambe is Bare Lane station which is 300 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 34, Chestnut Drive, Morecambe, 69.2% of property is privately owned outright and 15.4% is privately rented.
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 34, Chestnut Drive, Morecambe, 5.2% of residents are recorded as possessing school level qualifications and 21.3% 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 34, Chestnut 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 34, Chestnut Drive, Morecambe, 0.9% 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 34, Chestnut Drive, Morecambe, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.
