62, Norwood Drive
62, Norwood Drive
Description & Estimates
According to the public record, 62, Norwood Drive, Morecambe is a mid-century freehold house with 731 ft2 of internal area and sits on a 394 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 62, Norwood Drive, Morecambe is £180,921 and the estimated rental value is £920 per month.
Norwood Drive, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Our Data Sources
62, Norwood Drive, Morecambe has 21 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, Norwood Drive, Morecambe is in very good condition we estimate a sale value of £189,967 and a rental value of £966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,257 and a rental value of £856 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 62, Norwood Drive, Morecambe has declined by £674 (0.4%), while its estimated rental value has climbed by £30 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, 62, Norwood Drive, Morecambe sits on a plot of 394 m2.
We have plot size data on 32 out of 34 other houses in the postcode and 62, Norwood Drive, Morecambe sits on the 4th largest plot.
Energy Efficiency
62, Norwood Drive, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 62, Norwood Drive, Morecambe was last sold on 22nd January 2015 for £144,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2015, the market for similar properties has risen by 26.3%.
- Sold Jan 2015£144,000
- Sold Feb 1995£53,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Norwood Drive, Morecambe within a radius of 660 metres over the last 2 years.
The most recent example is 3, Garfield Drive, Morecambe, LA4 6NH, a freehold house which sold for £178,000 on the 12th June 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
Norwood Drive, Morecambe, LA4 has a total of 76 addresses. According to our analysis of all the public data, 62, Norwood Drive, Morecambe is the 68th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in LA4.
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Schools Nearby
- 500mMorecambe and Heysham Torrisholme Community Primary School
- 700mMorecambe and Heysham Grosvenor Park Primary School
- 900mGreat Wood Primary School
- 1.6kmMorecambe Bay Academy
- 2.3kmOur Lady's Catholic College
- 2.9kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
The closest station to 62, Norwood Drive, Morecambe is Bare Lane station, which is 1.2 kilometres away.
- 1.2kmBare Lane
- 2.4kmLancaster
- 2.5kmMorecambe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
