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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, Princes Gardens, Morecambe is £161,380 and its rental estimate is £725 per month, given the available information and assuming reasonable condition.
Princes Gardens, Bare Lane is a residential building on Bare Lane, Morecambe, LA4 and falls within the LA4 postal district and the borough of Lancaster.
Flat 2, Princes Gardens, Morecambe has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated August 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 Flat 2, Princes Gardens, Morecambe, we estimate a market value of £169,449 and a rental value of £761 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,083 and £674 per month respectively.
Over the last year, Flat 2, Princes Gardens, Morecambe has seen its estimated sale value drop by £232 (0.1%) and its estimated rental value rise by £26 per month (3.5%). This results in an estimated gross rental yield of 5.4%.
Flat 2, Princes Gardens, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, Princes Gardens, Morecambe completed on 16th May 2024 at £155,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 32.8% over the period since May 2024.
Over the past 2 years 3 properties similar to Flat 2, Princes Gardens, Morecambe have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2025, was Flat 3, Princes Gardens, Bare Lane, Morecambe, LA4 6RS, a leasehold flat which sold for £171,000.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 194 addresses on Bare Lane, Morecambe, LA4, Flat 2, Princes Gardens, Morecambe comes out as the 146th largest and the 136th most expensive in our analysis of the public data.
It is also £31k less expensive than the average property across the LA4 district.
From Flat 2, Princes Gardens, Morecambe, the nearest station is Bare Lane, 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Princes Gardens, Morecambe, 58.5% of property is privately owned outright and 28.5% 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 Flat 2, Princes Gardens, Morecambe, 11.1% of residents are recorded as possessing school level qualifications and 34.3% 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 Flat 2, Princes 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 Flat 2, Princes Gardens, Morecambe, 0.0% 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 Flat 2, Princes Gardens, Morecambe, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.