According to the public record, 7, Grange Street, Morecambe is a period freehold house and with 1,862 ft2 of internal area and sits on a 115 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.
7, Grange Street, Morecambe has 2 entries in the Land Registry database, most recently in July 2023 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 7 Grange Street Morecambe as £278,978 and the rental value as £1,181 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Grange Street Morecambe has decreased by £34 (0.0%) and its rental value has increased by £34 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 7, Grange Street, Morecambe is in very good condition we estimate a sale value of £292,927 and rental value of £1,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,449 and a rental value of £1,098 per month.
If you were able to purchase this property for the estimated value of £278,978, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,371 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, 7, Grange Street, Morecambe sits on a plot of 115m2.
We have plot size data on 18 out of 35 other houses in the postcode and 7, Grange Street, Morecambe sits on the 12th largest plot.
According to HM Land Registry, 7, Grange Street, Morecambe was last sold on 18 Jul 2023 for £238,300 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Grange Street, Morecambe within a radius of 158m over the last 2 years.
The most recent example is 22, St. Margarets Road, Morecambe, LA4 6EF, a Freehold house which sold for £239,000 in Sep 2023.
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, 7, Grange Street, Morecambe is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in LA4.
7, Grange Street, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, 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 7, 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 7, 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 7, 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 7, 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 7, 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.