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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, Second Floor Flat, 97, Westminster Road, Morecambe is a period apartment with 602 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 Second Floor Flat, 97, Westminster Road, Morecambe is £64,850 and the estimated rental value is £429 per month.
The apartment is within 97, Westminster Road, Morecambe, LA3.
Westminster Road, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
Second Floor Flat, 97, Westminster Road, Morecambe has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Second Floor Flat, 97, Westminster Road, Morecambe is in very good condition we estimate a sale value of £68,092 and a rental value of £451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £60,310 and a rental value of £399 per month.
Over the last 12 months the sale value of Second Floor Flat 97 Westminster Road Morecambe has increased by an estimated £415 (0.6%) and its rental value has increased by an estimated £16 per month (3.8%), giving an expected gross yield of 7.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 97, Westminster Road, Morecambe within a radius of 350 metres over the last 2 years.
The most recent example is Flat 4, 156, Westminster Road, Morecambe, LA3 1SH, a leasehold flat which sold for £41,500 on the 26th May 2023.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westminster Road, Morecambe, LA3 has a total of 186 addresses. According to our analysis of all the public data, Second Floor Flat, 97, Westminster Road, Morecambe is the 152nd largest and the 165th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in LA3.
The closest station to Second Floor Flat, 97, Westminster Road, Morecambe is Morecambe station which is 900 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 Second Floor Flat, 97, Westminster Road, Morecambe, 58.0% of property is privately rented and 14.8% 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 Second Floor Flat, 97, Westminster Road, Morecambe, 17.3% of residents are recorded as possessing school level qualifications and 16.8% 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 Second Floor Flat, 97, Westminster Road, Morecambe, the average age was 38.9 and the most common age was 57.
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 Second Floor Flat, 97, Westminster Road, 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 Second Floor Flat, 97, Westminster Road, Morecambe, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.
