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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, Nicholson Crescent, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,075 ft2 of internal area and sits on a 259 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, Nicholson Crescent, Morecambe is £235,484 and the estimated rental value is £986 per month.
Nicholson Crescent, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
5, Nicholson Crescent, Morecambe has 21 entries in the Land Registry , most recently in November 2011 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 3 out of 5 and is considered of medium 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, Nicholson Crescent, Morecambe is in very good condition we estimate a sale value of £247,258 and a rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,000 and a rental value of £917 per month.
Over the last 12 months the sale value of 5 Nicholson Crescent Morecambe has increased by an estimated £692 (0.3%) and its rental value has increased by an estimated £34 per month (3.5%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 5, Nicholson Crescent, Morecambe sits on a plot of 259m2.
We have plot size data on 10 out of 12 other houses in the postcode and 5, Nicholson Crescent, Morecambe sits on the 4th largest plot.
According to HM Land Registry, 5, Nicholson Crescent, Morecambe was last sold on 3rd November 2011 for £140,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2011, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Nicholson Crescent, Morecambe within a radius of 550 metres over the last 2 years.
The most recent example is 50, South Road, Morecambe, LA4 6JP, a freehold house which sold for £275,000 on the 12th December 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nicholson Crescent, Morecambe, LA4 has a total of 24 addresses. According to our analysis of all the public data, 5, Nicholson Crescent, Morecambe is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in LA4.
The closest station to 5, Nicholson Crescent, Morecambe is Bare Lane station which is 600 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 5, Nicholson Crescent, Morecambe, 55.1% of property is privately owned outright and 26.6% 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 5, Nicholson Crescent, Morecambe, 14.9% of residents are recorded as possessing school level qualifications and 20.5% 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, Nicholson Crescent, 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, Nicholson Crescent, Morecambe, 1.8% 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, Nicholson Crescent, Morecambe, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
