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According to the public record, 47, Bare Lane, Morecambe is a mid-century apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Bare Lane, Morecambe is £155,765 and the estimated rental value is £678 per month.
Bare Lane, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
47, Bare Lane, Morecambe has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2012.
We combine this information with public data 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 47, Bare Lane, Morecambe is in very good condition we estimate a sale value of £163,553 and a rental value of £712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,861 and a rental value of £631 per month.
Over the last 12 months the sale value of 47 Bare Lane Morecambe has decreased by an estimated £224 (0.1%) and its rental value has increased by an estimated £24 per month (3.5%), giving an expected gross yield of 5.2%.
47, Bare Lane, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47, Bare Lane, Morecambe was last sold on 20th August 2004 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Bare Lane, Morecambe within a radius of 480 metres over the last 2 years.
The most recent example is 2 Laister Court, Bare Lane, Morecambe, LA4 6LJ, a leasehold flat which sold for £165,000 on the 18th December 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bare Lane, Morecambe, LA4 has a total of 194 addresses. According to our analysis of all the public data, 47, Bare Lane, Morecambe is the 129th largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in LA4.
The closest station to 47, Bare Lane, Morecambe is Bare Lane station which is 100 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Bare Lane, Morecambe, 49.3% of property is privately owned outright and 36.6% 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 47, Bare Lane, Morecambe, 18.0% of residents are recorded as possessing school level qualifications and 34.1% 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 47, Bare Lane, 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 47, Bare Lane, Morecambe, 1.6% 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 47, Bare Lane, Morecambe, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.