Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
4, Ridge Grove, 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 662 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Ridge Grove, Morecambe is £97,736 and its rental estimate is £636 per month, given the available information and assuming reasonable condition.
4, Ridge Grove is a residential building on Ridge Grove, Heysham, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
4, Ridge Grove, Morecambe has 21 entries in the Land Registry , most recently in July 2013 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.
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 4, Ridge Grove, Morecambe, we estimate a market value of £102,622 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £90,894 and £591 per month respectively.
Over the last year, 4, Ridge Grove, Morecambe has seen its estimated sale value rise by £698 (0.7%) and its estimated rental value move up by £28 per month (4.4%). This results in an estimated gross rental yield of 7.8%.
The most recent sale of 4, Ridge Grove, Morecambe completed on 5th July 2013 at £71,500 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 49.6% over the period since July 2013.
Over the past 2 years 3 properties similar to 4, Ridge Grove, Morecambe have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 4A, Eldon Grove, Morecambe, LA3 2JW, a leasehold flat which sold for £107,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Ridge Grove, Heysham, Morecambe, LA3, 4, Ridge Grove, Morecambe comes out as the 23rd largest and the 23rd most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the LA3 district.
From 4, Ridge Grove, Morecambe, the nearest station is Heysham Port, 2.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Ridge 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, Ridge 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, Ridge 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, Ridge 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, Ridge 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.
