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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
According to the public record, 62, Grasmere Road, Morecambe is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 670 ft2 of internal area and sits on a 215 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 62, Grasmere Road, Morecambe is £198,838 and the estimated rental value is £863 per month.
Grasmere Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
62, Grasmere Road, Morecambe has a single entry in the Land Registry from January 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 62, Grasmere Road, Morecambe is in very good condition we estimate a sale value of £208,780 and a rental value of £906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,920 and a rental value of £802 per month.
Over the last 12 months the sale value of 62 Grasmere Road Morecambe has increased by an estimated £585 (0.3%) and its rental value has increased by an estimated £30 per month (3.5%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 62, Grasmere Road, Morecambe sits on a plot of 215m2.
We have plot size data on 34 out of 35 other houses in the postcode and 62, Grasmere Road, Morecambe sits on the 29th largest plot.
According to HM Land Registry, 62, Grasmere Road, Morecambe was last sold on 7th January 2011 for £92,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2011, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Grasmere Road, Morecambe within a radius of 500 metres over the last 2 years.
The most recent example is 36, Grasmere Road, Morecambe, LA4 6EN, a freehold house which sold for £239,750 on the 7th August 2023.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Road, Morecambe, LA4 has a total of 45 addresses. According to our analysis of all the public data, 62, Grasmere Road, Morecambe is the 27th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in LA4.
The closest station to 62, Grasmere Road, Morecambe is Bare Lane station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 62, Grasmere Road, Morecambe, 47.4% of property is privately owned outright and 40.6% 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 62, Grasmere Road, Morecambe, 17.7% of residents are recorded as possessing school level qualifications and 35.2% 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 62, Grasmere Road, Morecambe, the average age was 53.7 and the most common age was 72.
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 62, Grasmere Road, 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 62, Grasmere Road, Morecambe, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
