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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 8, Elm Grove, Morecambe is a mid-century leasehold apartment with 1,023 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Elm Grove, Morecambe is £119,091 and the estimated rental value is £641 per month.
The apartment is within 8, Elm Grove, Morecambe, LA4.
Elm Grove, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
8, Elm Grove, Morecambe has 3 entries in the Land Registry , most recently in June 2010 and a single entry in the EPC database dated September 2009.
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 8, Elm Grove, Morecambe is in very good condition we estimate a sale value of £125,045 and a rental value of £673 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,755 and a rental value of £596 per month.
Over the last 12 months the sale value of 8 Elm Grove Morecambe has increased by an estimated £15 (0.0%) and its rental value has increased by an estimated £23 per month (3.5%), giving an expected gross yield of 6.5%.
8, Elm Grove, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Sep 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Elm Grove, Morecambe was last sold on 7th June 2010 for £155,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2010, the market for similar properties has dropped 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elm Grove, Morecambe within a radius of 770 metres over the last 2 years.
The most recent example is 7, Elms Road, Morecambe, LA4 6AP, a leasehold flat which sold for £100,000 on the 3rd November 2021.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Grove, Morecambe, LA4 has a total of 24 addresses. According to our analysis of all the public data, 8, Elm Grove, Morecambe is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in LA4.
The closest station to 8, Elm Grove, Morecambe is Bare Lane station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Elm Grove, Morecambe, 59.9% of property is privately owned outright and 24.5% 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 8, Elm Grove, Morecambe, 10.0% of residents are recorded as possessing school level qualifications and 37.4% 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 8, Elm Grove, Morecambe, the average age was 53.7 and the most common age was 72.
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 8, Elm Grove, Morecambe, 2.6% 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 8, Elm Grove, Morecambe, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
