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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, St. Margarets Road, Morecambe is £263,187 and the estimated rental value is £990 per month.
St. Margarets Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
46, St. Margarets Road, Morecambe has 31 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated August 2022.
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.
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, St. Margarets Road, Morecambe is in very good condition we estimate a sale value of £276,346 and a rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,764 and a rental value of £921 per month.
Over the last 12 months the sale value of 46 St. Margarets Road Morecambe has decreased by an estimated £1,106 (0.4%) and its rental value has increased by an estimated £32 per month (3.3%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 46, St. Margarets Road, Morecambe sits on a plot of 86m2.
We have plot size data on 28 out of 30 other houses in the postcode and 46, St. Margarets Road, Morecambe sits on the 27th largest plot.
46, St. Margarets Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2022.
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, St. Margarets Road, Morecambe was last sold on 6th April 2023 for £276,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2023, the market for similar properties has dropped 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, St. Margarets Road, Morecambe within a radius of 580 metres over the last 2 years.
The most recent example is 36, St. Margarets Road, Morecambe, LA4 6EF, a freehold house which sold for £290,000 on the 11th October 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Margarets Road, Morecambe, LA4 has a total of 41 addresses. According to our analysis of all the public data, 46, St. Margarets Road, Morecambe is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in LA4.
The closest station to 46, St. Margarets Road, Morecambe is Bare Lane station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 46, St. Margarets Road, Morecambe, 48.8% of property is privately owned outright and 29.9% 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 46, St. Margarets Road, Morecambe, 15.8% of residents are recorded as possessing school level qualifications and 33.2% 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, St. Margarets Road, 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, St. Margarets Road, Morecambe, 0.7% 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, St. Margarets Road, 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.