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According to the public record, 196D, Euston Road, Morecambe is a modern leasehold apartment with 904 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 196D, Euston Road, Morecambe is £98,036 and the estimated rental value is £553 per month.
The apartment is within 196, Euston Road, Morecambe, LA4.
Euston Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
196D, Euston Road, Morecambe has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated January 2018.
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.
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 196D, Euston Road, Morecambe is in very good condition we estimate a sale value of £102,938 and a rental value of £581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,174 and a rental value of £515 per month.
Over the last 12 months the sale value of 196D Euston Road Morecambe has increased by an estimated £628 (0.6%) and its rental value has increased by an estimated £21 per month (3.8%), giving an expected gross yield of 6.8%.
196D, Euston Road, Morecambe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 196D, Euston Road, Morecambe was last sold on 10th May 2024 for £96,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 44.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 196D, Euston Road, Morecambe within a radius of 410 metres over the last 2 years.
The most recent example is 196A, Euston Road, Morecambe, LA4 5LE, a leasehold flat which sold for £85,000 on the 21st September 2022.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Euston Road, Morecambe, LA4 has a total of 141 addresses. According to our analysis of all the public data, 196D, Euston Road, Morecambe is the 34th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in LA4.
The closest station to 196D, Euston Road, Morecambe is Morecambe station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 196D, Euston Road, Morecambe, 45.3% of property is privately rented and 29.9% is privately owned outright.
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 196D, Euston Road, Morecambe, 14.6% of residents are recorded as possessing school level qualifications and 18.3% 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 196D, Euston Road, Morecambe, the average age was 40.4 and the most common age was 37.
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 196D, Euston Road, Morecambe, 2.1% 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 196D, Euston Road, Morecambe, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.