7, Farnlea Drive
7, Farnlea Drive
Description & Estimates
Public records show 7, Farnlea Drive, Morecambe to be an early-century freehold house with 1,083 ft2 of internal area, sitting on a 252 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Farnlea Drive, Morecambe has an estimated sale value of £310,733 and an estimated rental value of £1,024 per month, assuming reasonable condition and based on the information available.
Farnlea Drive, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
7, Farnlea Drive, Morecambe has 31 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated July 2009.
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
In very good condition, we estimate 7, Farnlea Drive, Morecambe would be worth £326,270, with a potential rental value of £1,075 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £288,982, with a rental value of £952 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Farnlea Drive, Morecambe has fallen by £1,158 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £34 (3.3%). The property's estimated gross yield is currently 4.0%.
Plot Size
7, Farnlea Drive, Morecambe occupies a 252 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
7, Farnlea Drive, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Farnlea Drive, Morecambe last changed hands on 29th January 2016, selling for £170,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 11.8% since January 2016.
- Sold Jan 2016£170,000
- Sold Jun 2007£186,500
- Sold Jul 2000£52,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 7, Farnlea Drive, Morecambe across the last 2 years.
Most recently, 70, South Road, Morecambe, LA4 6JP, a freehold house, sold at £275,000 on the 25th October 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
Our analysis of the public data ranks 7, Farnlea Drive, Morecambe as the 9th largest and the 10th most expensive of the 16 addresses on Farnlea Drive, Morecambe, LA4.
Against the LA4 postcode district average, it is £118k more expensive than the typical property.
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Schools Nearby
- 200mGreat Wood Primary School
- 700mMorecambe and Heysham Torrisholme Community Primary School
- 800mLancaster Road Primary School
- 700mMorecambe Bay Academy
- 2.9kmBay Leadership Academy
- 3.2kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Bare Lane station is the nearest stop to 7, Farnlea Drive, Morecambe at 300 metres away.
- 300mBare Lane
- 2.0kmMorecambe
- 3.4kmLancaster
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
