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Public records show Flat 204, Queen Square, Morecambe to be a modern leasehold apartment with 645 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 204, Queen Square, Morecambe has an estimated sale value of £170,297 and an estimated rental value of £812 per month, assuming reasonable condition and based on the information available.
The apartment sits within Queen Square, Station Road, Morecambe, LA4.
Station Road, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Flat 204, Queen Square, Morecambe has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated April 2019.
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.
In very good condition, we estimate Flat 204, Queen Square, Morecambe would be worth £178,812, with a potential rental value of £853 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £158,376, with a rental value of £756 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 204, Queen Square, Morecambe has moved down by £245 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (3.5%). The property's estimated gross yield is currently 5.7%.
Flat 204, Queen Square, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Flat 204, Queen Square, Morecambe last changed hands on 16th December 2009, selling for £143,995. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 77.0% since December 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 204, Queen Square, Morecambe across the last 2 years.
Most recently, Flat 402, Queen Square, Station Road, Morecambe, LA4 5JL, a leasehold flat, sold at £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.
Our analysis of the public data ranks Flat 204, Queen Square, Morecambe as the 25th largest and the 20th most expensive of the 42 addresses on Station Road, Morecambe, LA4.
Against the LA4 postcode district average, it is £22k less expensive than the typical property.
Morecambe station is the nearest stop to Flat 204, Queen Square, Morecambe at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 204, 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 204, 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 204, 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 204, 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 204, 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.