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According to the public record, 46, Chestnut Drive, Morecambe is a mid-century freehold house with 667 ft2 of internal area and sits on a 317 m2 plot.
Houses 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 46, Chestnut Drive, Morecambe is £219,631 and the estimated rental value is £841 per month.
Chestnut Drive, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
46, Chestnut Drive, Morecambe has 21 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property 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 46, Chestnut Drive, Morecambe is in very good condition we estimate a sale value of £230,613 and a rental value of £883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,257 and a rental value of £782 per month.
Over the last 12 months the sale value of 46 Chestnut Drive Morecambe has decreased by an estimated £818 (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, 46, Chestnut Drive, Morecambe sits on a plot of 317m2.
We have plot size data on 16 out of 17 other houses in the postcode and 46, Chestnut Drive, Morecambe sits on the 5th largest plot.
46, Chestnut Drive, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 46, Chestnut Drive, Morecambe was last sold on 16th October 2015 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Chestnut Drive, Morecambe within a radius of 630 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, 46, Chestnut Drive, Morecambe is the 30th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in LA4.
The closest station to 46, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 46, 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 46, 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 46, 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 46, 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 46, 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.