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According to the public record, 4, Eldon Grove, Morecambe is a early-century leasehold apartment with 473 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 4, Eldon Grove, Morecambe is £79,189 and the estimated rental value is £557 per month.
The apartment is within 4, Eldon Grove, Heysham, Morecambe, LA3.
Eldon Grove, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
4, Eldon Grove, Morecambe has 2 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Eldon Grove, Morecambe is in very good condition we estimate a sale value of £83,148 and a rental value of £585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,646 and a rental value of £518 per month.
Over the last 12 months the sale value of 4 Eldon Grove Morecambe has increased by an estimated £950 (1.2%) and its rental value has increased by an estimated £23 per month (4.0%), giving an expected gross yield of 8.4%.
4, Eldon Grove, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 4, Eldon Grove, Morecambe was last sold on 17th October 2019 for £65,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has risen 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Eldon Grove, Morecambe within a radius of 550 metres over the last 2 years.
The most recent example is 1, Ridge Grove, Morecambe, LA3 2JN, a leasehold flat which sold for £79,950 on the 19th October 2023.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eldon Grove, Heysham, Morecambe, LA3 has a total of 19 addresses. According to our analysis of all the public data, 4, Eldon Grove, Morecambe is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in LA3.
The closest station to 4, Eldon Grove, Morecambe is Heysham Port station which is 2.0 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Eldon Grove, Morecambe, 42.1% of property is privately owned outright and 34.1% 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 4, Eldon Grove, Morecambe, 13.0% of residents are recorded as possessing school level qualifications and 25.9% 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 4, Eldon Grove, Morecambe, the average age was 42.6 and the most common age was 57.
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 4, Eldon Grove, 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 4, Eldon Grove, Morecambe, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
