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By comparing it to neighbours, we estimate that it is a early-century apartment with 742 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Buckingham Road, Morecambe is £94,139 and the estimated rental value is £581 per month.
Buckingham Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
5, Buckingham Road, Morecambe has 31 entries in the Land Registry , most recently in July 2017 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 1 out of 5 and is considered of low 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, Buckingham Road, Morecambe is in very good condition we estimate a sale value of £98,846 and a rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,550 and a rental value of £540 per month.
Over the last 12 months the sale value of 5 Buckingham Road Morecambe has increased by an estimated £1,129 (1.2%) and its rental value has increased by an estimated £23 per month (4.0%), giving an expected gross yield of 7.4%.
According to HM Land Registry, 5, Buckingham Road, Morecambe was last sold on 28th July 2017 for £83,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2017, the market for similar properties has risen 46.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Buckingham Road, Morecambe within a radius of 510 metres over the last 2 years.
The most recent example is 10A, Westfield Grove, Morecambe, LA4 4LQ, a leasehold flat which sold for £75,750 on the 2nd June 2021.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buckingham Road, Morecambe, LA4 has a total of 55 addresses. According to our analysis of all the public data, 5, Buckingham Road, Morecambe is the 49th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in LA4.
The closest station to 5, Buckingham Road, Morecambe is Morecambe station which is 700 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Buckingham Road, Morecambe, 41.6% of property is privately owned with a mortgage and 39.2% 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, Buckingham Road, Morecambe, 22.6% of residents are recorded as possessing school level qualifications and 23.9% 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, Buckingham Road, Morecambe, the average age was 41.2 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, Buckingham Road, Morecambe, 1.3% 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, Buckingham 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.