59, Oak Avenue
59, Oak Avenue
Description & Estimates
59, Oak Avenue, Morecambe is recorded publicly as a mid-century freehold house across 710 ft2 of internal area, sitting on a 221 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 59, Oak Avenue, Morecambe is £237,634 and its rental estimate is £897 per month, given the available information and assuming reasonable condition.
Oak Avenue, Morecambe, LA4 falls within the LA4 postal district, in the borough of Lancaster.
Our Data Sources
59, Oak Avenue, Morecambe has 21 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated May 2024.
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.
Price Range & Condition
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 59, Oak Avenue, Morecambe, we estimate a market value of £249,516 and a rental value of £942 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,000 and £834 per month respectively.
Recent Market Change
Over the last year, 59, Oak Avenue, Morecambe has seen its estimated sale value decline by £885 (0.4%) and its estimated rental value climb by £30 per month (3.3%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 59, Oak Avenue, Morecambe as measuring 221 m2.
That makes it the 44th largest plot in the postcode, where 46 of the 48 other houses have recorded plot data.
Energy Efficiency
59, Oak Avenue, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 59, Oak Avenue, Morecambe completed on 14th August 2024 at £227,000 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 25.5% over the period since August 2024.
- Sold Aug 2024£227,000
- Sold Aug 2000£63,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Oak Avenue, Morecambe have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2024, was 71, Oak Avenue, Morecambe, LA4 6HY, a freehold house which sold for £260,000.
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
Of the 94 addresses on Oak Avenue, Morecambe, LA4, 59, Oak Avenue, Morecambe comes out as the 59th largest and the 43rd most expensive in our analysis of the public data.
It is also £45k more expensive than the average property across the LA4 district.
More reading links
Schools Nearby
- 600mGreat Wood Primary School
- 900mMorecambe and Heysham Torrisholme Community Primary School
- 1.5kmLancaster Road Primary School
- 1.3kmMorecambe Bay Academy
- 3.0kmOur Lady's Catholic College
- 3.7kmBay Leadership Academy
More reading links
Public Transport Nearby
From 59, Oak Avenue, Morecambe, the nearest station is Bare Lane, 400 metres away.
- 400mBare Lane
- 2.7kmMorecambe
- 3.5kmLancaster
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
