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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, 58, Grayrigg Drive, Morecambe is a modern freehold house with 688 ft2 of internal area and sits on a 156 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 58, Grayrigg Drive, Morecambe is £170,296 and the estimated rental value is £894 per month.
Grayrigg Drive, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
58, Grayrigg Drive, Morecambe has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property 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 58, Grayrigg Drive, Morecambe is in very good condition we estimate a sale value of £178,811 and a rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,375 and a rental value of £831 per month.
Over the last 12 months the sale value of 58 Grayrigg Drive Morecambe has increased by an estimated £501 (0.3%) and its rental value has increased by an estimated £31 per month (3.5%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 58, Grayrigg Drive, Morecambe sits on a plot of 156m2.
We have plot size data on 13 out of 15 other houses in the postcode and 58, Grayrigg Drive, Morecambe sits on the 6th largest plot.
58, Grayrigg Drive, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 58, Grayrigg Drive, Morecambe was last sold on 24th June 2016 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2016, the market for similar properties has risen 55.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Grayrigg Drive, Morecambe within a radius of 570 metres over the last 2 years.
The most recent example is 119, Hampsfell Drive, Morecambe, LA4 4TP, a freehold house which sold for £175,000 on the 30th August 2023.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grayrigg Drive, Morecambe, LA4 has a total of 81 addresses. According to our analysis of all the public data, 58, Grayrigg Drive, Morecambe is the 46th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in LA4.
The closest station to 58, Grayrigg Drive, Morecambe is Morecambe station which is 1.0 kilometres 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 58, Grayrigg Drive, Morecambe, 48.8% of property is privately owned outright and 26.4% is privately rented.
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 58, Grayrigg Drive, Morecambe, 8.6% of residents are recorded as possessing school level qualifications and 20.8% 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 58, Grayrigg Drive, Morecambe, the average age was 44.8 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 58, Grayrigg Drive, Morecambe, 0.9% 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 58, Grayrigg Drive, Morecambe, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
