4A, Ridge Grove
4A, Ridge Grove
Description & Estimates
According to the public record, 4A, Ridge Grove, Morecambe is an early-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4A, Ridge Grove, Morecambe is £84,194 and the estimated rental value is £608 per month.
The apartment is within 4, Ridge Grove, Heysham, Morecambe, LA3.
Ridge Grove, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
Our Data Sources
4A, Ridge Grove, Morecambe has 51 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated July 2021.
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
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 4A, Ridge Grove, Morecambe is in very good condition we estimate a sale value of £88,404 and a rental value of £638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,300 and a rental value of £565 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4A, Ridge Grove, Morecambe has declined by £121 (0.1%), while its estimated rental value has climbed by £21 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Energy Efficiency
4A, Ridge Grove, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4A, Ridge Grove, Morecambe was last sold on 5th July 2013 for £71,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since July 2013, the market for similar properties has risen by 41.0%.
- Sold Jul 2013£71,500
- Sold Dec 2011£74,000
- Sold Nov 2005£69,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Ridge Grove, Morecambe within a radius of 550 metres over the last 2 years.
The most recent example is 4, Eldon Grove, Morecambe, LA3 2JW, a leasehold flat which sold for £107,000 on the 4th September 2024.
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
Ridge Grove, Heysham, Morecambe, LA3 has a total of 25 addresses. According to our analysis of all the public data, 4A, Ridge Grove, Morecambe is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in LA3.
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Schools Nearby
- 500mHeysham St Peter's Church of England Primary School
- 500mMossgate Primary School
- 600mSt Patrick's Catholic Primary School
- 1.7kmBay Leadership Academy
- 4.2kmMorecambe Bay Academy
- 5.7kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
The closest station to 4A, Ridge Grove, Morecambe is Heysham Port station, which is 2.1 kilometres away.
- 2.1kmHeysham Port
- 3.0kmMorecambe
- 4.8kmBare Lane
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
