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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
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According to the public record, Flat 36, Elms Hall, Morecambe is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 36, Elms Hall, Morecambe is £245,366 and the estimated rental value is £1,082 per month.
The apartment is within Elms Hall, Elms Road, Morecambe, LA4.
Elms Road, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Flat 36, Elms Hall, Morecambe has 3 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated August 2014.
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.
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 36, Elms Hall, Morecambe is in very good condition we estimate a sale value of £257,634 and a rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,190 and a rental value of £1,006 per month.
Over the last 12 months the sale value of Flat 36 Elms Hall Morecambe has increased by an estimated £3,016 (1.2%) and its rental value has increased by an estimated £53 per month (4.9%), giving an expected gross yield of 5.3%.
Flat 36, Elms Hall, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 36, Elms Hall, Morecambe was last sold on 30th August 2024 for £290,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has dropped 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 36, Elms Hall, Morecambe within a radius of 630 metres over the last 2 years.
The most recent example is 10, The Parks, Morecambe, LA4 6BP, a leasehold flat which sold for £195,000 on the 22nd November 2023.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elms Road, Morecambe, LA4 has a total of 68 addresses. According to our analysis of all the public data, Flat 36, Elms Hall, Morecambe is the 62nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in LA4.
The closest station to Flat 36, Elms Hall, Morecambe is Bare Lane station which is 400 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 36, Elms Hall, Morecambe, 59.9% of property is privately owned outright and 24.5% 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 36, Elms Hall, Morecambe, 10.0% of residents are recorded as possessing school level qualifications and 37.4% 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 36, Elms Hall, 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 36, Elms Hall, Morecambe, 2.6% 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 36, Elms Hall, Morecambe, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
