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According to the public record, 2 The Literary Institute, Carnforth is a period leasehold apartment with 561 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Literary Institute, Carnforth is £124,445 and the estimated rental value is £731 per month.
The apartment is within The Literary Institute, High Street, Ingleton, Carnforth, LA6.
High Street, Ingleton, Carnforth, LA6 is located within the LA6 postal district.
2 The Literary Institute, Carnforth has 21 entries in the Land Registry , most recently in November 2008 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2 The Literary Institute, Carnforth is in very good condition we estimate a sale value of £130,667 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,734 and a rental value of £680 per month.
Over the last 12 months the sale value of 2 The Literary Institute Carnforth has increased by an estimated £616 (0.5%) and its rental value has increased by an estimated £30 per month (4.0%), giving an expected gross yield of 7%.
2 The Literary Institute, Carnforth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 The Literary Institute, Carnforth was last sold on 3rd November 2008 for £152,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2008, the market for similar properties has risen 59.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2 The Literary Institute, Carnforth within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Flat, Ingleton Ex Servicemens Club, Carnforth, LA6 3EU, a leasehold flat which sold for £200,000 on the 27th October 2023.
Read more about house prices in LA6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Ingleton, Carnforth, LA6 has a total of 45 addresses. According to our analysis of all the public data, 2 The Literary Institute, Carnforth is the 40th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in LA6.
The closest station to 2 The Literary Institute, Carnforth is Bentham station which is 5.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 2 The Literary Institute, Carnforth, 44.4% of property is privately owned outright and 29.1% is privately rented.
The graph below shows how this compares to Yorkshire and The Humber 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 2 The Literary Institute, Carnforth, 12.4% of residents are recorded as possessing school level qualifications and 41.3% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 The Literary Institute, Carnforth, the average age was 48.5 and the most common age was 62.
The graph below shows how this compares to Yorkshire and The Humber 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 2 The Literary Institute, Carnforth, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 2 The Literary Institute, Carnforth, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.