8, Homfray Grove
8, Homfray Grove
Description & Estimates
8, Homfray Grove, Morecambe is recorded publicly as an early-century freehold house across 1,044 ft2 of internal area, sitting on a 263 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Homfray Grove, Morecambe is £247,449 and its rental estimate is £973 per month, given the available information and assuming reasonable condition.
Homfray Grove, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
Our Data Sources
8, Homfray Grove, Morecambe has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated May 2019.
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 Grove, Morecambe, we estimate a market value of £259,821 and a rental value of £1,022 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £230,127 and £905 per month respectively.
Recent Market Change
Over the last year, 8, Homfray Grove, Morecambe has seen its estimated sale value move down by £922 (0.4%) and its estimated rental value increase by £32 per month (3.3%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 8, Homfray Grove, Morecambe as measuring 263 m2.
That makes it the 17th largest plot in the postcode, where 25 of the 28 other houses have recorded plot data.
Energy Efficiency
8, Homfray Grove, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2019.
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 Grove, Morecambe completed on 2nd February 2024 at £241,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 18.1% over the period since February 2024.
- Sold Feb 2024£241,000
- Sold Sep 2019£186,000
- Sold Dec 1999£71,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Homfray Grove, Morecambe have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 10, Lowther Avenue, Morecambe, LA3 3AH, 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 30 addresses on Homfray Grove, Morecambe, LA3, 8, Homfray Grove, Morecambe comes out as the 10th largest and the 9th most expensive in our analysis of the public data.
It is also £55k more expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 600mMorecambe and Heysham Torrisholme Community Primary School
- 600mMorecambe and Heysham Grosvenor Park Primary School
- 1.0kmGreat Wood Primary School
- 1.6kmMorecambe Bay Academy
- 2.4kmOur Lady's Catholic College
- 2.9kmBay Leadership Academy
More reading links
Public Transport Nearby
From 8, Homfray Grove, Morecambe, the nearest station is Bare Lane, 1.3 kilometres away.
- 1.3kmBare Lane
- 2.4kmMorecambe
- 2.5kmLancaster
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.
