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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
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According to the public record, 40, Devonshire Road, Morecambe is a period apartment with 1,227 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Devonshire Road, Morecambe is £73,873 and the estimated rental value is £383 per month.
The apartment is within 40, Devonshire Road, Morecambe, LA3.
Devonshire Road, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
40, Devonshire Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data 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.
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 40, Devonshire Road, Morecambe is in very good condition we estimate a sale value of £77,566 and a rental value of £402 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,702 and a rental value of £356 per month.
Over the last 12 months the sale value of 40 Devonshire Road Morecambe has increased by an estimated £509 (0.7%) and its rental value has increased by an estimated £15 per month (3.9%), giving an expected gross yield of 6.2%.
40, Devonshire Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 340 metres radius of 40, Devonshire Road, Morecambe over the last 2 years.
The most recent example is 121, Westminster Road, Morecambe, LA3 1SG, a freehold house which sold for £205,000 on the 31st January 2023.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Road, Morecambe, LA3 has a total of 61 addresses. According to our analysis of all the public data, 40, Devonshire Road, Morecambe is the 18th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in LA3.
The closest station to 40, Devonshire Road, Morecambe is Morecambe station which is 900 metres away.
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 40, Devonshire Road, Morecambe, 58.6% of property is privately rented and 23.2% 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 40, Devonshire Road, Morecambe, 27.4% of residents are recorded as possessing school level qualifications and 24.1% 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 40, Devonshire Road, Morecambe, the average age was 38.9 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 40, Devonshire Road, 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 40, Devonshire Road, Morecambe, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
