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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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5, Norland Drive, Morecambe is recorded publicly as an early-century freehold house across 990 ft2 of internal area, sitting on a 283 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Norland Drive, Morecambe is £193,930 and its rental estimate is £982 per month, given the available information and assuming reasonable condition.
Norland Drive, Heysham, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
5, Norland Drive, Morecambe has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Norland Drive, Morecambe, we estimate a market value of £203,627 and a rental value of £1,031 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £180,355 and £913 per month respectively.
Over the last year, 5, Norland Drive, Morecambe has seen its estimated sale value fall by £722 (0.4%) and its estimated rental value move up by £32 per month (3.3%). This results in an estimated gross rental yield of 6.1%.
HM Land Registry records the plot of land for 5, Norland Drive, Morecambe as measuring 283 m2.
That makes it the 15th largest plot in the postcode, where 32 of the 33 other houses have recorded plot data.
5, Norland Drive, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Norland Drive, Morecambe completed on 26th November 2024 at £222,250 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 10.7% over the period since November 2024.
Over the past 2 years 3 properties similar to 5, Norland Drive, Morecambe have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 20, Tranmere Crescent, Morecambe, LA3 2BD, a freehold house which sold for £210,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Norland Drive, Heysham, Morecambe, LA3, 5, Norland Drive, Morecambe comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the LA3 district.
From 5, Norland Drive, Morecambe, the nearest station is Heysham Port, 2.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Norland Drive, Morecambe, 42.5% of property is privately owned outright and 37.7% 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, Norland Drive, Morecambe, 16.2% of residents are recorded as possessing school level qualifications and 28.7% 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, Norland Drive, Morecambe, the average age was 42.6 and the most common age was 57.
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, Norland Drive, Morecambe, 0.0% 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, Norland Drive, 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.
