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40, Grange Street, Morecambe is recorded publicly as a period freehold house across 1,280 ft2 of internal area, sitting on a 102 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 40, Grange Street, Morecambe is £203,884 and its rental estimate is £990 per month, given the available information and assuming reasonable condition.
Grange Street, Morecambe, LA4 falls within the LA4 postal district, in the borough of Lancaster.
40, Grange Street, Morecambe has a single entry in the Land Registry from June 2013 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 40, Grange Street, Morecambe, we estimate a market value of £214,079 and a rental value of £1,040 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,612 and £921 per month respectively.
Over the last year, 40, Grange Street, Morecambe has seen its estimated sale value move down by £857 (0.4%) and its estimated rental value increase by £32 per month (3.3%). This results in an estimated gross rental yield of 5.8%.
HM Land Registry records the plot of land for 40, Grange Street, Morecambe as measuring 102 m2.
That makes it the 28th largest plot in the postcode, where 33 of the 35 other houses have recorded plot data.
40, Grange Street, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2013.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Grange Street, Morecambe completed on 21st June 2013 at £146,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 66.0% over the period since June 2013.
Over the past 2 years 3 properties similar to 40, Grange Street, Morecambe have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2023, was 40, St. Margarets Road, Morecambe, LA4 6EF, a freehold house which sold for £245,000.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Grange Street, Morecambe, LA4, 40, Grange Street, Morecambe comes out as the 16th largest and the 21st most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the LA4 district.
From 40, Grange Street, Morecambe, the nearest station is Bare Lane, 400 metres 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 40, Grange Street, Morecambe, 36.8% of property is privately owned with a mortgage and 34.4% is privately owned outright.
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, Grange Street, Morecambe, 16.0% of residents are recorded as possessing school level qualifications and 36.1% 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, Grange Street, 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 40, Grange Street, 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, Grange Street, 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.