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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
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According to the public record, 8, Mount Gardens, Morecambe is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,077 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Mount Gardens, Morecambe is £242,705 and the estimated rental value is £979 per month.
Mount Gardens, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
8, Mount Gardens, Morecambe has 31 entries in the Land Registry , most recently in February 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Mount Gardens, Morecambe is in very good condition we estimate a sale value of £254,840 and a rental value of £1,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,715 and a rental value of £910 per month.
Over the last 12 months the sale value of 8 Mount Gardens Morecambe has increased by an estimated £714 (0.3%) and its rental value has increased by an estimated £34 per month (3.5%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 8, Mount Gardens, Morecambe was last sold on 23rd February 2012 for £157,500 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since February 2012, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mount Gardens, Morecambe within a radius of 680 metres over the last 2 years.
The most recent example is 3, Mount Gardens, Morecambe, LA4 6AS, a leasehold house which sold for £230,000 on the 17th November 2023.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mount Gardens, Morecambe, LA4 has a total of 10 addresses. According to our analysis of all the public data, 8, Mount Gardens, Morecambe is the largest and the most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in LA4.
The closest station to 8, Mount Gardens, Morecambe is Bare Lane station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Mount Gardens, 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, Mount Gardens, 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, Mount Gardens, 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, Mount Gardens, 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, Mount Gardens, 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.
