According to the public record, 3, Grange Street, Morecambe is a period freehold house and with 2,914 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grange Street, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
3, Grange Street, Morecambe has 31 entries in the Land Registry database, most recently in May 2010 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Grange Street Morecambe as £350,441 and the rental value as £1,483 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Grange Street Morecambe has decreased by £42 (0.0%) and its rental value has increased by £42 per month (2.8%).
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 3, Grange Street, Morecambe is in very good condition we estimate a sale value of £367,963 and rental value of £1,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,910 and a rental value of £1,380 per month.
If you were able to purchase this property for the estimated value of £350,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,722 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 3, Grange Street, Morecambe sits on a plot of 223m2.
We have plot size data on 18 out of 35 other houses in the postcode and 3, Grange Street, Morecambe sits on the 5th largest plot.
According to HM Land Registry, 3, Grange Street, Morecambe was last sold on 25 May 2010 for £197,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2010, the market for similar properties has risen 52.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Grange Street, Morecambe within a radius of 183m over the last 2 years.
The most recent example is 50, St. Margarets Road, Morecambe, LA4 6EF, a Freehold house which sold for £234,950 in Jul 2009.
Read more about house prices in LA4.
Grange Street, Morecambe, LA4 has a total of 42 addresses. According to our analysis of all the public data, 3, Grange Street, Morecambe is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in LA4.
3, Grange Street, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, Grange Street, Morecambe is Bare Lane station which is 400 m away.
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 3, Grange Street, Morecambe, 36.8% of property is privately owned with a mortgage and 34.4% is privately owned outright.
The graph below shows how this compares to Greater London 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 3, Grange Street, Morecambe, 16.0% of residents are recorded as possessing school level qualifications and 36.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Grange Street, 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 3, Grange Street, 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 3, Grange Street, Morecambe, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.