Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 202, Queen Square, Morecambe is a modern leasehold apartment with 613 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 Flat 202, Queen Square, Morecambe is £165,717 and the estimated rental value is £804 per month.
The apartment is within Queen Square, Station Road, Morecambe, LA4.
Station Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Flat 202, Queen Square, Morecambe has a single entry in the Land Registry from July 2009 and a single entry in the EPC database dated February 2020.
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.
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 Flat 202, Queen Square, Morecambe is in very good condition we estimate a sale value of £174,003 and a rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,117 and a rental value of £748 per month.
Over the last 12 months the sale value of Flat 202 Queen Square Morecambe has decreased by an estimated £238 (0.1%) and its rental value has increased by an estimated £28 per month (3.5%), giving an expected gross yield of 5.8%.
Flat 202, Queen Square, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 202, Queen Square, Morecambe was last sold on 20th July 2009 for £128,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2009, the market for similar properties has risen 77.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 202, Queen Square, Morecambe within a radius of 420 metres over the last 2 years.
The most recent example is Flat 402, Queen Square, Station Road, Morecambe, LA4 5JL, a leasehold flat which sold for £47,500 on the 30th January 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Morecambe, LA4 has a total of 42 addresses. According to our analysis of all the public data, Flat 202, Queen Square, Morecambe is the 30th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in LA4.
The closest station to Flat 202, Queen Square, Morecambe is Morecambe station which is 600 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 Flat 202, Queen Square, Morecambe, 78.3% of property is privately rented and 8.4% 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 Flat 202, Queen Square, Morecambe, 24.2% of residents are recorded as possessing school level qualifications and 13.8% 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 202, Queen Square, 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 Flat 202, Queen Square, 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 202, Queen Square, 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.
