70, Oak Avenue
70, Oak Avenue
Description & Estimates
70, Oak Avenue, Morecambe is recorded publicly as a mid-century freehold house across 667 ft2 of internal area, sitting on a 345 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 70, Oak Avenue, Morecambe is £241,883 and its rental estimate is £926 per month, given the available information and assuming reasonable condition.
Oak Avenue, Morecambe, LA4 falls within the LA4 postal district, in the borough of Lancaster.
Our Data Sources
70, Oak Avenue, Morecambe has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated September 2012.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 70, Oak Avenue, Morecambe, we estimate a market value of £253,978 and a rental value of £973 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,952 and £862 per month respectively.
Recent Market Change
Over the last year, 70, Oak Avenue, Morecambe has seen its estimated sale value drop by £901 (0.4%) and its estimated rental value rise by £31 per month (3.3%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 70, Oak Avenue, Morecambe as measuring 345 m2.
That makes it the 5th largest plot in the postcode, where 46 of the 48 other houses have recorded plot data.
Energy Efficiency
70, Oak Avenue, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2012.
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
The most recent sale of 70, Oak Avenue, Morecambe completed on 11th February 2021 at £198,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.1% over the period since February 2021.
- Sold Feb 2021£198,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 70, Oak Avenue, Morecambe have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2024, was 59, Oak Avenue, Morecambe, LA4 6HY, a freehold house which sold for £227,000.
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
Of the 94 addresses on Oak Avenue, Morecambe, LA4, 70, Oak Avenue, Morecambe comes out as the 64th largest and the 37th most expensive in our analysis of the public data.
It is also £50k more expensive than the average property across the LA4 district.
More reading links
Schools Nearby
- 600mGreat Wood Primary School
- 900mMorecambe and Heysham Torrisholme Community Primary School
- 1.5kmLancaster Road Primary School
- 1.3kmMorecambe Bay Academy
- 3.0kmOur Lady's Catholic College
- 3.7kmBay Leadership Academy
More reading links
Public Transport Nearby
From 70, Oak Avenue, Morecambe, the nearest station is Bare Lane, 400 metres away.
- 400mBare Lane
- 2.7kmMorecambe
- 3.5kmLancaster
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
