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According to the public record, 7, Garfield Drive, Morecambe is a mid-century freehold house with 667 ft2 of internal area and sits on a 213 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 7, Garfield Drive, Morecambe is £183,201 and the estimated rental value is £898 per month.
Garfield Drive, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
7, Garfield Drive, Morecambe has 21 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated October 2021.
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.
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, Garfield Drive, Morecambe is in very good condition we estimate a sale value of £192,361 and a rental value of £943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,377 and a rental value of £835 per month.
Over the last 12 months the sale value of 7 Garfield Drive Morecambe has decreased by an estimated £682 (0.4%) and its rental value has increased by an estimated £30 per month (3.3%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 7, Garfield Drive, Morecambe sits on a plot of 213m2.
We have plot size data on 15 out of 15 other houses in the postcode and 7, Garfield Drive, Morecambe sits on the 11th largest plot.
7, Garfield Drive, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2021.
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, Garfield Drive, Morecambe was last sold on 9th December 2021 for £179,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Garfield Drive, Morecambe within a radius of 670 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.
Garfield Drive, Morecambe, LA4 has a total of 15 addresses. According to our analysis of all the public data, 7, Garfield Drive, Morecambe is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in LA4.
The closest station to 7, Garfield Drive, Morecambe is Bare Lane station which is 1.2 kilometres 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, Garfield Drive, Morecambe, 60.9% of property is privately owned outright and 27.5% 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 7, Garfield Drive, Morecambe, 12.8% of residents are recorded as possessing school level qualifications and 26.9% 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, Garfield Drive, 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, Garfield Drive, Morecambe, 0.0% 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, Garfield Drive, Morecambe, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.