8, Bazil Lane
8, Bazil Lane
Description & Estimates
8, Bazil Lane, Morecambe is recorded publicly as a mid-century freehold house across 688 ft2 of internal area, sitting on a 647 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Bazil Lane, Morecambe is £261,265 and its rental estimate is £993 per month, given the available information and assuming reasonable condition.
Bazil Lane, Overton, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
8, Bazil Lane, Morecambe has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Bazil Lane, Morecambe, we estimate a market value of £274,328 and a rental value of £1,043 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £242,976 and £924 per month respectively.
Recent Market Change
Over the last year, 8, Bazil Lane, Morecambe has seen its estimated sale value fall by £973 (0.4%) and its estimated rental value move up by £33 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 8, Bazil Lane, Morecambe as measuring 647 m2.
That makes it the 13th largest plot in the postcode, where 13 of the 14 other houses have recorded plot data.
Energy Efficiency
8, Bazil Lane, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8, Bazil Lane, Morecambe completed on 23rd July 2019 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 29.0% over the period since July 2019.
- Sold Jul 2019£275,000
- Sold Sep 2013£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Bazil Lane, Morecambe have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st September 2022, was 11A, Middleton Road, Morecambe, LA3 3HB, a freehold house which sold for £235,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Bazil Lane, Overton, Morecambe, LA3, 8, Bazil Lane, Morecambe comes out as the 16th largest and the 13th most expensive in our analysis of the public data.
It is also £69k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 700mOverton St Helen's Church of England Primary School
- 1.8kmThurnham Glasson Christ Church, Church of England Primary School
- 3.9kmTrumacar Nursery and Community Primary School
- 4.8kmRipley St Thomas Church of England Academy
- 5.3kmLancaster Girls' Grammar School
- 5.7kmBay Leadership Academy
More reading links
Public Transport Nearby
From 8, Bazil Lane, Morecambe, the nearest station is Heysham Port, 4.5 kilometres away.
- 4.5kmHeysham Port
- 5.4kmLancaster
- 6.8kmMorecambe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
