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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, 5, Akeman Close, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,046 ft2 of internal area and sits on a 129 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Akeman Close, Morecambe is £222,835 and the estimated rental value is £980 per month.
Akeman Close, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
5, Akeman Close, Morecambe has 21 entries in the Land Registry , most recently in March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, Akeman Close, Morecambe is in very good condition we estimate a sale value of £233,977 and a rental value of £1,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,237 and a rental value of £911 per month.
Over the last 12 months the sale value of 5 Akeman Close Morecambe has increased by an estimated £655 (0.3%) and its rental value has increased by an estimated £34 per month (3.5%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 5, Akeman Close, Morecambe sits on a plot of 129m2.
We have plot size data on 24 out of 26 other houses in the postcode and 5, Akeman Close, Morecambe sits on the 20th largest plot.
According to HM Land Registry, 5, Akeman Close, Morecambe was last sold on 7th March 2008 for £153,750 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2008, the market for similar properties has risen 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Akeman Close, Morecambe within a radius of 780 metres over the last 2 years.
The most recent example is 12, Akeman Close, Morecambe, LA3 3BP, a freehold house which sold for £209,950 on the 12th April 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Akeman Close, Morecambe, LA3 has a total of 26 addresses. According to our analysis of all the public data, 5, Akeman Close, Morecambe is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in LA3.
The closest station to 5, Akeman Close, Morecambe is Bare Lane station which is 1.5 kilometres 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 5, Akeman Close, Morecambe, 61.6% of property is privately owned with a mortgage and 26.8% 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 5, Akeman Close, Morecambe, 26.6% of residents are recorded as possessing school level qualifications and 32.5% 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 5, Akeman Close, Morecambe, the average age was 43.1 and the most common age was 52.
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 5, Akeman Close, Morecambe, 0.4% 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 5, Akeman Close, Morecambe, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
