50, St. Margarets Road
50, St. Margarets Road
Description & Estimates
The public record lists 50, St. Margarets Road, Morecambe as a freehold house sitting on a 135 m2 plot.
Comparison with its neighbours suggests a period house with 1,652 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
50, St. Margarets Road, Morecambe has an estimated sale value of £262,280 and an estimated rental value of £987 per month, assuming reasonable condition and based on the information available.
St. Margarets Road, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
50, St. Margarets Road, Morecambe has 21 entries in the Land Registry , most recently in July 2009 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.
Price Range & Condition
In very good condition, we estimate 50, St. Margarets Road, Morecambe would be worth £275,394, with a potential rental value of £1,036 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £243,921, with a rental value of £918 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 50, St. Margarets Road, Morecambe has dropped by £1,102 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (3.3%). The property's estimated gross yield is currently 4.5%.
Plot Size
50, St. Margarets Road, Morecambe occupies a 135 m2 plot as recorded by HM Land Registry.
Of the 30 other houses in this postcode, 28 have recorded plot sizes, and this one ranks as the 17th largest.
Sold Prices
50, St. Margarets Road, Morecambe last changed hands on 22nd July 2009, selling for £234,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 27.5% since July 2009.
- Sold Jul 2009£234,950
- Sold Aug 2004£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 50, St. Margarets Road, Morecambe across the last 2 years.
Most recently, 36, St. Margarets Road, Morecambe, LA4 6EF, a freehold house, sold at £290,000 on the 11th October 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 50, St. Margarets Road, Morecambe as the 10th largest and the 13th most expensive of the 41 addresses on St. Margarets Road, Morecambe, LA4.
Against the LA4 postcode district average, it is £70k more expensive than the typical property.
More reading links
Schools Nearby
- 700mGreat Wood Primary School
- 800mSt Mary's Catholic Primary School, Morecambe
- 1.0kmLancaster Road Primary School
- 500mMorecambe Bay Academy
- 3.0kmBay Leadership Academy
- 3.6kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Bare Lane station is the nearest stop to 50, St. Margarets Road, Morecambe at 500 metres away.
- 500mBare Lane
- 1.9kmMorecambe
- 3.9kmLancaster
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
