Flat 5, Princes Gardens
Flat 5, Princes Gardens
Description & Estimates
According to the public record, Flat 5, Princes Gardens, Morecambe is a modern leasehold apartment with 721 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 5, Princes Gardens, Morecambe is £157,841 and the estimated rental value is £722 per month.
The apartment is within Princes Gardens, Bare Lane, Morecambe, LA4.
Bare Lane, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Our Data Sources
Flat 5, Princes Gardens, Morecambe has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated February 2022.
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.
Price Range & Condition
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 5, Princes Gardens, Morecambe is in very good condition we estimate a sale value of £165,733 and a rental value of £758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,792 and a rental value of £672 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Princes Gardens, Morecambe has dropped by £227 (0.1%), while its estimated rental value has risen by £25 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
Flat 5, Princes Gardens, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 5, Princes Gardens, Morecambe was last sold on 7th April 2022 for £168,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2022, the market for similar properties has dropped by 29.9%.
- Sold Apr 2022£168,000
- Sold Aug 2014£140,000
- Sold Oct 2004£144,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Princes Gardens, Morecambe within a radius of 560 metres over the last 2 years.
The most recent example is Flat 3, Princes Gardens, Bare Lane, Morecambe, LA4 6RS, a leasehold flat which sold for £171,000 on the 21st August 2025.
Read more about house prices in LA4.
- Sold Aug 2025£171,000 | 2 Bed FlatPrinces Gardens, Bare LaneFlat 3, Princes Gardens, Bare Lane, Morecambe, LA4 6RS
- Sold May 2024£155,000 | 2 Bed FlatPrinces Gardens, Bare LaneFlat 2, Princes Gardens, Bare Lane, Morecambe, LA4 6RS
- Sold Jul 2022£155,000 | 2 Bed FlatPrinces Gardens, Bare LaneFlat 8, Princes Gardens, Bare Lane, Morecambe, LA4 6RS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Bare Lane, Morecambe, LA4 has a total of 194 addresses. According to our analysis of all the public data, Flat 5, Princes Gardens, Morecambe is the 154th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in LA4.
More reading links
Schools Nearby
- 200mGreat Wood Primary School
- 300mMorecambe and Heysham Torrisholme Community Primary School
- 900mLancaster Road Primary School
- 1.1kmMorecambe Bay Academy
- 2.8kmOur Lady's Catholic College
- 3.1kmBay Leadership Academy
More reading links
Public Transport Nearby
The closest station to Flat 5, Princes Gardens, Morecambe is Bare Lane station, which is 500 metres away.
- 500mBare Lane
- 2.3kmMorecambe
- 3.0kmLancaster
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
