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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, 1A Old Norweb, Carnforth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,153 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A Old Norweb, Carnforth is £277,049 and the estimated rental value is £1,089 per month.
The apartment is within Old Norweb, Back Lane, Arnside, Carnforth, LA5.
Back Lane, Arnside, Carnforth, LA5 is located within the LA5 postal district.
1A Old Norweb, Carnforth has 2 entries in the Land Registry , most recently in August 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 1A Old Norweb, Carnforth is in very good condition we estimate a sale value of £290,901 and a rental value of £1,143 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,655 and a rental value of £1,012 per month.
Over the last 12 months the sale value of 1A Old Norweb Carnforth has increased by an estimated £1,851 (0.7%) and its rental value has increased by an estimated £43 per month (4.0%), giving an expected gross yield of 4.7%.
According to HM Land Registry, 1A Old Norweb, Carnforth was last sold on 24th August 2022 for £425,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A Old Norweb, Carnforth within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Flat 14, Heathcliffe Court, Redhills Road, Carnforth, LA5 0AT, a leasehold flat which sold for £287,500 on the 20th April 2023.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, Arnside, Carnforth, LA5 has a total of 12 addresses. According to our analysis of all the public data, 1A Old Norweb, Carnforth is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in LA5.
The closest station to 1A Old Norweb, Carnforth is Arnside station which is 600 metres 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 1A Old Norweb, Carnforth, 57.8% of property is privately owned outright and 26.7% 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 1A Old Norweb, Carnforth, 15.7% of residents are recorded as possessing school level qualifications and 55.2% 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 1A Old Norweb, Carnforth, the average age was 49.6 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 1A Old Norweb, Carnforth, 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 1A Old Norweb, Carnforth, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.
