8, Homfray Avenue
8, Homfray Avenue
Description & Estimates
8, Homfray Avenue, Morecambe is recorded publicly as an early-century freehold house across 1,248 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Homfray Avenue, Morecambe is £280,822 and its rental estimate is £1,016 per month, given the available information and assuming reasonable condition.
Homfray Avenue, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
8, Homfray Avenue, Morecambe has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Homfray Avenue, Morecambe, we estimate a market value of £294,863 and a rental value of £1,066 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,164 and £944 per month respectively.
Recent Market Change
Over the last year, 8, Homfray Avenue, Morecambe has seen its estimated sale value decrease by £1,180 (0.4%) and its estimated rental value grow by £33 per month (3.3%). This results in an estimated gross rental yield of 4.3%.
Energy Efficiency
8, Homfray Avenue, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2024.
The property is 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 8, Homfray Avenue, Morecambe completed on 31st July 2024 at £260,000 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 15.5% over the period since July 2024.
- Sold Jul 2024£260,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Homfray Avenue, Morecambe have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd February 2023, was 17, Homfray Avenue, Morecambe, LA3 3AG, a freehold house which sold for £250,000.
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 37 addresses on Homfray Avenue, Morecambe, LA3, 8, Homfray Avenue, Morecambe comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 600mMorecambe and Heysham Torrisholme Community Primary School
- 800mMorecambe and Heysham Grosvenor Park Primary School
- 900mLancaster Road Primary School
- 1.5kmMorecambe Bay Academy
- 2.6kmOur Lady's Catholic College
- 2.7kmBay Leadership Academy
More reading links
Public Transport Nearby
From 8, Homfray Avenue, Morecambe, the nearest station is Bare Lane, 1.2 kilometres away.
- 1.2kmBare Lane
- 2.2kmMorecambe
- 2.6kmLancaster
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 very low, based on Environment Agency data.
