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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 310, Queen Square, Morecambe to be a modern leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 310, Queen Square, Morecambe has an estimated sale value of £159,478 and an estimated rental value of £792 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 310, Queen Square, Morecambe has a single entry in the Land Registry from August 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.
In very good condition, we estimate Flat 310, Queen Square, Morecambe would be worth £167,452, with a potential rental value of £832 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £148,315, with a rental value of £736 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 310, Queen Square, Morecambe has declined by £229 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (3.5%). The property's estimated gross yield is currently 6.0%.
Flat 310, Queen Square, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Flat 310, Queen Square, Morecambe last changed hands on 5th August 2009, selling for £129,995. 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 77.5% since August 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 310, Queen Square, Morecambe across the last 2 years.
Most recently, Flat 105, Queen Square, Station Road, Morecambe, LA4 5JL, a leasehold flat, sold at £50,000 on the 27th September 2021.
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 310, Queen Square, Morecambe as the 39th largest and the 33rd most expensive of the 42 addresses on Station Road, Morecambe, LA4.
Against the LA4 postcode district average, it is £33k less expensive than the typical property.
Morecambe station is the nearest stop to Flat 310, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 310, 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 310, 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 310, 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 310, 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 310, 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.
