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According to the public record, 7, Elkin Road, Morecambe is a early-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Elkin Road, Morecambe is £134,136 and the estimated rental value is £595 per month.
The apartment is within 7, Elkin Road, Morecambe, LA4.
Elkin Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
7, Elkin Road, Morecambe has a single entry in the Land Registry from January 2025 and a single entry in the EPC database dated November 2024.
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.
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 7, Elkin Road, Morecambe is in very good condition we estimate a sale value of £140,843 and a rental value of £625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,747 and a rental value of £554 per month.
Over the last 12 months the sale value of 7 Elkin Road Morecambe has increased by an estimated £1,609 (1.2%) and its rental value has increased by an estimated £24 per month (4.0%), giving an expected gross yield of 5.3%.
7, Elkin Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2024.
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, 7, Elkin Road, Morecambe was last sold on 31st January 2025 for £135,700 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2025, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Elkin Road, Morecambe within a radius of 540 metres over the last 2 years.
The most recent example is 35, Colwyn Avenue, Morecambe, LA4 6EH, a leasehold flat which sold for £126,000 on the 2nd September 2022.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elkin Road, Morecambe, LA4 has a total of 41 addresses. According to our analysis of all the public data, 7, Elkin Road, Morecambe is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in LA4.
The closest station to 7, Elkin Road, Morecambe is Bare Lane station which is 800 metres 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 7, Elkin Road, Morecambe, 43.9% of property is privately owned with a mortgage and 43.1% is privately owned outright.
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 7, Elkin Road, Morecambe, 16.0% of residents are recorded as possessing school level qualifications and 33.1% 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 7, Elkin Road, Morecambe, the average age was 43.1 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 7, Elkin Road, Morecambe, 1.0% 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 7, Elkin 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.